ADB approves $125-M loan to PH to fight Covid

THE Asian Development Bank (ADB) approved a $125 million loan to help the Philippine government prevent and control the spread of the coronavirus disease 2019 (Covid-19).

In a statement on Tuesday, ADB said the Health System Enhancement to Address and Limit (HEAL) Covid-19 Project will enable the Department of Health (DOH) to improve health services across the country through the upgrading of medical equipment and related training.

“This project will help improve the preparedness and resilience of the country’s health systems at the national and local levels in handling current and future public health threats. It will also contribute to the Philippines’ efforts toward implementing universal health coverage,” said ADB Vice-President Ahmed M. Saeed.

Source: TheManila Times