Covid-19 /
Treasury & Capital Markets
Philippines secures US$900 million in loans for Covid-19 vaccines
Government seeks to inoculate about 70% of 110 million population to achieve herd immunity
The Asset
12 Mar 2021
The Philippines has secured US$900 million in loans for the purchase of safe and effective vaccines against Covid-19. The funding support includes US$500 million from the World Bank and US$400 million from the Asian Development Bank ( ADB ).
