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ADB provides $25m to help Philippines purchase COVID-19 vaccines

ADB Provides $25 Million to Help Philippines Procure COVID-19 Vaccines

ADB allots $25-M fund for PH procurement of Covid-19 vaccines | Philippine Canadian Inquirer

The ADB on Monday said the fund can be used as an advance payment to the vaccine manufacturers to secure the delivery of vaccine supply. (Shutterstock photo) MANILA –  The Asian Development Bank (ADB) has allocated a USD25-million budget to augment the national government fund in purchasing the coronavirus vaccines for the country. The ADB on Monday said the fund can be used as an advance payment to the vaccine manufacturers to secure the delivery of vaccine supply. It said the allotted budget will be taken from the USD125 million worth of Health System Enhancement to Address and Limit (HEAL) Covid-19 (coronavirus disease 2019) project, an effort to improve the resilience of the country’s healthcare systems both at the national and local levels, as well as preparedness in handling current and future public health threats.

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