Govt to get $3.9-B loans from Asian Development Bank

By Anna Leah E. Gonzales

Apr 29, 2021 12:20 am

The Asian Development Bank (ADB) said lending to the Philippines is projected to reach $3.9 billion (about P187 billion) this year.

“Our program is up to $3.9 billion. That includes the APVAX (Asia Pacific Vaccine Access Facility) project of $400 million that was approved in March,” said ADB Philippines Country Director Kelly Bird during a virtual briefing on Wednesday.

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