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Gov’t to order 178M doses of vaccines for 90M Filipinos
The Philippines is aiming to order 178 million doses of COVID-19 vaccines to inoculate more than 90 million Filipinos.
This increased target surpasses the original plan to purchase 148 million doses for 70 million people.
Finance Secretary Carlos Dominguez III stated that the government is negotiating for over 100 million doses from various drug makers and about 40 million doses through the global COVAX initiative.
The need for additional doses is attributed to observed delays in vaccine manufacturing and distribution.
The country has secured loans totaling $1.38 billion from the World Bank, Asian Development Bank, and Asian Infrastructure Investment Bank to fund these vaccine orders.
The Department of Health reported 1,583 new cases, bringing the total to 528,853, with 10,874 deaths and 487,611 recoveries.
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The Philippine government is securing approximately USD1.3 billion in loan financing from multilateral lenders to ensure enough Covid-19 vaccine doses for over 70 million adults, exceeding 100% of the adult population.
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The Philippines is aiming to secure one million doses of Pfizer-BioNTech COVID-19 vaccines from the COVAX facility.
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The Philippines is set to receive up to 10 million doses of COVID-19 vaccines in the first quarter of 2021, with most being the AstraZeneca brand, according to British Ambassador Daniel Pruce.
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The Philippines is set to receive at least 5.6 million doses of COVID-19 vaccines within the first quarter of 2021, with deliveries expected to start in February.
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The Philippines has secured a $25 million loan from the Asian Development Bank (ADB) to finance the procurement of COVID-19 vaccines.
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