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Gov’t to spend P73.2-billion loan for COVID-19 vaccine procurement – Big News Network

QUEZON CITY, Nov 24 (PIA) —The government will use P73.2 billion financing coming from different sources to fund the procurement of COVID-19 vaccine as the government…

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QUEZON CITY, Nov 24 (PIA) –The government will use P73.2 billion financing coming from different sources to fund the procurement of COVID-19 vaccine as the government targets to inoculate 60 million Filipinos.
During a meeting with President Rodrigo Roa Duterte on Monday, Finance Secretary Carlos Dominguez III said the government has three sources of funding that include multilateral agencies as well as domestic and bilateral sources.
The government estimates the Asian Development Bank (ADB) and…

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