Duterte approves advance payments for COVID-19 vaccines

President Rodrigo Duterte has approved the government's recommendation to provide advance payments to pharmaceutical companies for COVID-19 vaccines.

This decision reverses Duterte's earlier rejection of the proposal to pay reservation fees to vaccine developers.

Presidential Spokesperson Harry Roque stated that the Philippines will enter into advanced market commitments (AMCs) with private vaccine developers.

Duterte agreed to AMCs to avoid being among the last countries to acquire a vaccine.

The President changed his mind after seeing a list of countries that have already made AMCs.

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