Gov’t eyes ₱45B vaccine funding for next year


In a bid to secure vaccine supplies for next year’s requirement in fighting the coronavirus pandemic, the Department of Finance (DoF) has started negotiations with multilateral financing institutions for the procurement of additional Covid-19 vaccine doses next year.


MANILA — The Finance department has already initiated preliminary discussions for a ₱45 billion multilateral funding source for the purchase of more anti-coronavirus jabs that would pave the way for the inoculation of at least 80 percent if not the country’s entire population of more than 110 million.

The Duterte administration is now finalizing the multilateral loan arrangements with the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB) and World Bank (WB).

Meanwhile, the Government expects the delivery of at least 140 to 160 million doses of Covid-19 vaccines before the current year ends in December.

In the first quarter of 2022, the total delivery will include the eight million doses of AztraZeneca jab procured by the private sector and six million doses of Johnson & Johnson’s Janssen Ad26.COV2.S bought by the Government. (TRC/JuanManila)

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