Sun, 28 Feb 2021

Angeles City to loan P600M for COVID-19 vaccines

Philippine Information Agency
26 Jan 2021, 00:38 GMT+10

ANGELES CITY, Jan. 25 (PIA) -- The city government of Angeles is set to loan PhP600 million for the procurement of COVID-19 vaccines.

Mayor Carmelo Lazatin Jr. said the amount will be used to purchase enough doses of vaccines to immunize the 411,634 residents in the city.

"The city government has more than enough borrowing capacity. I am just putting it to good use," he said.

His Chief Adviser and Tactician, IC Calaguas, will represent him in initial talks with leading financial institutions so that the city government will be able to acquire doses of vaccines for Angelenos.

He added that he will also ask the support of the city council to authorize him to enter into a loan agreement.

Meanwhile, the local chief executive instructed Rafael Lazatin Memorial Medical Center Chief Froilan Canlas and City Health Officer Verona Gueverra to come up with initial guidelines for the vaccination.

"While waiting for the guidelines of the national government, we are drafting our own as well. We will just adjust according to the guidelines of the national government," Lazatin said.

Earlier, the city government already allocated PhP25 million for the purchase of COVID-19 vaccines.

Lazatin also sought the help of the Department of Health for additional funding but the agency replied that transfer of fund to local government units is not applicable under said circumstances. (CLJD/MJSC-PIA 3)

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