Asian Development Bank fast tracks $3 million grant to help the Philippines fight COVID-19

March 14, 2020

The Asian Development Bank (ADB) has approved a $3 million grant to support the Philippine government’s response to the novel coronavirus (COVID-19) pandemic, including purchase of emergency medical supplies and the delivery of effective health care services.

The assistance, incorporating ADB’s most flexible, expeditious procurement approaches, allows the government to purchase diagnostic reagents and equipment, materials for makeshift hospitals, and personal protection supplies for health workers managing severe COVID-19 cases, among others.

“ADB’s assistance will help the Philippines, our host country, address the immediate financial and logistical constraints on the provision of emergency medical services during this extraordinary public health emergency,” said ADB President Masatsugu Asakawa.

“The assistance will allow the government to purchase key medical supplies and equipment, deliver health services, and minimize the social and economic disruptions of the COVID-19 pandemic in the Philippines. This is the first step in what will be a broader program of working with the government to respond to the threat posed by COVID-19 to health and economic activity.” DMS