Duterte formalizes P48 million pledge to COVAX facility

President Rodrigo Duterte has formalized the Philippines' $1 million pledge to the COVAX facility, a global initiative for equitable vaccine access.

The donation was announced by Malacañang during the GAVI COVAX Advance Market Commitment One World Protected Summit.

Duterte highlighted the significant imbalance in global vaccine distribution, with developed countries receiving over 80% of the supply.

He stated that correcting this imbalance is crucial for a real and inclusive global recovery.

Duterte emphasized that the Philippines, as both a donor and recipient, counts on COVAX to deliver needed vaccines to developing countries.

The pledge demonstrates the Philippines' commitment to the global fight against COVID-19 and solidarity with other nations.

The COVAX summit aims to address a $1.7 billion gap to provide vaccine doses for lower-income economies.

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