THE Philippines has secured a total of $900 million (about P43.65 billion) worth of financing from the World Bank and Asian Development Bank (ADB), which will be used to procure coronavirus disease 2019 (Covid-19) vaccines.

In a statement on Friday, World Bank announced that its executive directors approved the $500 million in funding to support the Philippine government’s program to purchase and distribute Covid-19 vaccines, strengthen the country’s health systems, and overcome the impact of the pandemic, especially on the poor and the most vulnerable.

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