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Manila secures fresh $175-M ADB loan for construction of Marikina River bridges

The Philippines was able to secure a new loan from the Asian Development Bank (ADB) to finance the construction of three new climate and disaster resilient bridges over the Marikina River. The ADB Board approved a $175- million loan to build the bridges that aim to improve road traffic flow…

$250 Million ADB Loan to Help Boost COVID-19 Vaccine Supply in the Philippines

ADB grants new $250-M loan to gov t – Manila Bulletin

The Duterte administration has tapped the Asian Development Bank (ADB) for a fresh $250 million loan to help the Philippines in securing additional coronavirus disease (COVID-19) vaccine supply. The Manila-based multilateral institution said on Monday, Dec. 13, that it has approved the new loan

PHL secures fresh $250-M ADB loan for Covid shots

The Philippines again secured a new loan from the Asian Development Bank (ADB) to purchase additional Covid-19 vaccines for Filipinos. ADB said the $250-million loan will be able to purchase 40 million additional doses of Covid-19 shots for eligible children and booster shots for adults. The project, dubbed as the…

$250-M ADB loan to help boost Covid-19 vaccine supply in PH

MANILA - The Asian Development Bank (ADB) has approved a $250-million loan to help the Philippine government secure additional coronavirus disease 2019 (Covid-19) vaccine supply to boost the health security of Filipinos and ensure a safe and steady economic recovery. The assistance will allow the government to purchase 40 million additional doses of Covid-19 vaccines for eligible children and booster shots for adults. "The Philippines has continuously enhanced its capacities for testing, tracing, isolating, and treating Covid-19 cases and vigorously pursued Covid-19 inoculation for its population," ADB Principal Social Sector Specialist for Southeast Asia Sakiko Tanaka said. "ADB is supporting the government's drive to provide vaccines to protect its citizens and save lives, especially with the emergence of new Covid-19 variants. Vaccination will allow the health system to better manage the effects of the virus and will help sustain economic recovery. It is key to th

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