MANILA, Philippines — The Asian Development Bank’s (ADB) has approved a $50-million loan to the Philippine government to help improve the country’s health care services, and make them more accessible and affordable for the poor.
The project will focus on cities and municipalities outside Metro Manila and is expected to result in the increased use of basic health care and referral services by the poor, specifically women and children.
The loan will finance the construction of new public health facilities and will be used to acquire state-of-the-art equipment for existing facilities. Focusing on maternal and child health care providers, the loan will aid them qualify for higher accreditation and increased financing from the Philippine Health Insurance Corp. (Philhealth).
The Better Health Care Project will also provide financial support to small private health providers – midwifery clinics, diagnostic facilities, and community drug stores – to allow them to move closer to rural communities. It will also provide funds for capital investment and working capital to promote a more efficient health care delivery system through the outsourcing of services, and establishing private insurance schemes.
The ADB loan will have a 25-year repayment term, including a grace period of 6 years and an interest rate determined in accordance with ADB’s London inter-bank offered rate (LIBOR)-based lending facility.
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
