Philippines: AIIB finances vaccine project in the Philippines

Beijing-based Multinational Development Bank, Asian Infrastructure Investment Bank (AIIB) has started vaccine financing under its Covid-19 Crisis Recovery Facility (CRF), with the first project supporting the Republic of the Philippines in the rapid procurement of eligible vaccines. The AIIB board approved a loan of US$300m for the exercise, which will assist the Philippines in providing…

You must be a HMI Subscriber to view this content.

Subscribe Now »