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12.03.2021 / 07:21

Philippines secures $900 million loans from World Bank, ADB for Covid vaccines

Philippines received on Friday a total of $900 million in loan commitments from the World Bank and the Asian Development Bank (ADB) for the purchase of Covid-19 vaccines and to help its pandemic-hit economy recover, the lenders said on Friday.Despite recording one of the highest number of coronavirus cases in the region, the Philippines is playing catchup with some of its neighbours in vaccine procurement and was one of the last Southeast Asian nation to receive its first doses.Also Read | Vaccine confidence in India is ticking more boxes now"Procuring and administering vaccines provides the country an added layer of defence against Covid-19 on top of public health measures," Ndiamé Diop, World Bank country director for Brunei, Malaysia,

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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