Now with sufficient funds mostly coming from loans extended by development banks, the Philippines can buy enough COVID-19 vaccines en route to further reopening the economy toward recovery, Finance Secretary Carlos Dominguez III said on Tuesday.
“The prompt and substantial financing extended by our multilateral partners is crucial to the accomplishment of the Duterte administration’s target to inoculate at least 70 million Filipinos—or 100 percent of our adult population—hopefully within this year, so that we can safely open wide our economy and return it to its prepandemic path of high and inclusive growth,” Dominguez said in a statement.
Last week, the Manila-based Asian Deve…
Keep on reading: Gov’t says funds sufficient for vaccination program