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PH gets additional $500-M World Bank loan for pandemic response

March 12, 2021
THE World Bank has approved an additional US$500 million loan to support the Philippine government’s program to purchase and distribute Covid-19 vaccines, strengthen the country’s health systems, and overcome the impact of the pandemic especially on the poor and the most vulnerable.
In a statement, the WB said its Board of Executive Directors approved the additional funding on March 11, 2021 (Washington time).
“Procuring and administering vaccines provides the country an added layer of defense against Covid-19 on top of public health measures or interventions like social distancing, wearing of masks, and washing hands,” said Ndiamé Diop, World Bank country director for Brunei, Malaysia, Philippines and Thailand. ....

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PH gets additional $500-M World Bank loan for pandemic response

PH gets additional $500-M World Bank loan for pandemic response
sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.

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Gov't secures $13.3B for pandemic response from foreign sources

Gov't secures $13.3B for pandemic response from foreign sources
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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DOF to raise P70 B for COVID-19 vaccines

Published January 15, 2021, 3:53 PM
The Department of Finance (DOF) is working on fresh loans from multilateral financial institutions, bilateral partners and domestic creditors to fund the government’s coronavirus response programs.
Finance Secretary Carlos G. Dominguez III said they are now working to borrow $1.46 billion, or roughly P70 billion, from foreign or local sources to fund the procurement of COVID-19 vaccines that can inoculate at least 50 million Filipinos.
Finance Secretary Carlos G. Dominguez III (MANILA BULLETIN FILE PHOTO)
The P70 billion forms part of the P82.5 billion budget required by the government to provide COVID-19 vaccines to inoculate adult Filipinos.
To date, the government already identified P12.5 billion, of which, P10 billion will come from the funds allocated for the COVID-19 vaccination program under the Bayanihan To Recover As One Act and P2.5 billion from the Department of Health 2021 budget. ....

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Japan disburses P4.67-billion loan to PH

Japan disburses P4.67-billion loan to PH
manilastandardtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilastandardtoday.com Daily Mail and Mail on Sunday newspapers.

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