Around P75-billion budget for coronavirus disease (Covid-19) vaccine acquisition is enough to inoculate the majority of Filipinos are qualified for the shot, according to Department of Finance (DOF) Secretary Carlos Dominguez.
Part of the financing amounting to P62.5 billion will come from the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and the World Bank (WB, Dominguez said.
At P1,300 per individual, around 57 million Filipinos will benefit from the funds allocated by the national government, he added. With a population of around 110 million to date, Dominguez said those ages 18 years old and below, or about 40 percent of the population, are not qualified for the vaccine. This leaves around 70 million of the adult population for the vaccination program.
Dominguez said local government units (LGUs) will provide for the remaining individuals, citing also the numbers will even be less since there are those not interested to have the vaccine.
“So, basically we are going to be covered. And, I think, we will be able to easily vaccinate now, with the resources we have raised, to vaccinate 60 million Filipinos,” he added.