ADB to lend $250M for vaccines

By Anna Leah E. Gonzales

Dec 14, 2021 12:20 am

The Asian Development Bank (ADB) approved a $250-million (about P1.25 billion) loan to help the Philippines secure additional Covid-19 vaccine supply.

In a statement on Monday, the ADB said the assistance will allow the government to purchase 40 million additional doses of Covid-19 vaccines for eligible children and booster shots for adults.

Asian Development Bank. Photo by Xinhua

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