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endIndex: Metro Manila (CNN Philippines, February 22) The Philippines is seeking $700 million (nearly ₱34 billion) in loans from two multilateral lenders to help speed up its procurement of COVID-19 vaccines. The proposed Second Health System Enhancement to Address and Limit COVID-19 under Asia Pacific Vaccine Access Facility Project (HEAL 2) would require $764.17 million (around ₱37 billion), as listed in a project document published by the Asian Infrastructure Investment Bank. “This project is proposed to be supported under AIIB’s COVID-19 Crisis Recovery Facility and co-financed with the Asian Development Bank (ADB) for the procurement of vaccines eligible under ADB’s Asia Pacific Vaccine Access Facility (APVAX) program,” the document read. ....
Published December 19, 2020, 5:47 PM A federation of workers has reminded the Asian Development Bank (ADB) of its commitment to prohibit the use of deadly asbestos in all its funded projects, including the EDSA walkway project. In a statement, the Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP) appealed to the ADB to ensure that its $123 million forthcoming covered pedestrian access loan projects in several locations on EDSA are asbestos-free. “The EDSA Greenways Project will definitely be a major convenience for commuters, provide ease to all sorts of pedestrians, create jobs, help jumpstart the local economy, and help reduce carbon footprint. However, the health and safety of commuters can only be ensured if the materials used for the structures are free from asbestos-containing materials,” said Gerard Seno, National Executive Vice President of ALU-TUCP. ....