ADB approves $3M grant for PH COVID-19 fight
On Saturday, the ADB approved a $3 million grant to support the Philippines' efforts against COVID-19.
The grant will be used by the DOH to purchase emergency medical supplies such as diagnostic reagents, equipment for makeshift hospitals, and personal protective gear for health workers.
Finance Secretary Carlos Dominguez III announced that the government has also sourced PHP2.5 billion from PAGCOR and PHP450 million from PCSO to buy more test kits and implement measures against COVID-19.
Additionally, ADB will provide USD200 million through its Supply Chain Finance Program for companies manufacturing and distributing items needed to address the pandemic.
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