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.
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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