ADB Boosts Philippines Healthcare Loan to $750M Amid Price Shocks
The Asian Development Bank (ADB) has increased its loan for the Philippines' universal healthcare expansion program by $250 million to a total of $750 million, citing widened government financing needs due to oil price and supply shocks from the Middle East conflict.
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- ADB Boosts Philippine Universal Health Care Loan to $750 Million
The Asian Development Bank (ADB) has increased its loan for the Philippines' Universal Health Care (UHC) program by $250 million to a total of $750 million. This move addresses the widening fiscal needs of the government exacerbated by oil price shocks from the Middle East conflict.
- PHL gets additional $250-M loan for UHC
The Asian Development Bank (ADB) has increased its financing for the Philippines’ universal healthcare (UHC) program by $250 million to $750 million, citing widened government financing needs due to oil price and supply shocks linked to the Middle East conflict.