Masatsugu Asakawa as a new President of ADB - SUCH TV
President of Asian Development Bank Masatsugu Asakawa. Image courtesy of SUCH TV.

With the Asian Development Bank’s (ADB) $3-million grant secured, DOH will use the extra funding to buy additional emergency medical supplies needed in the fight against the COVID-19 virus, confirmed in a statement last Saturday by the Manila-based multilateral lender from Finance Secretary Carlos Dominguez III’s announcement.

“The assistance, incorporating the 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,” it said.

According to ADB, it will manage the grant coming from the Asia-Pacific Disaster Response Fund and will work closely both with the DOH, World Health Organization (WHO), and United Nations (UN) technical agencies in order to purchase and deliver medical supplies in a timely manner.

“The 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,” divulged 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,” he added.

Earlier as well, ADB avail a total of $4 million in funds for its member-countries’ immediate response to the COVID-19 outbreak that already turned pandemic.