Philippines, ADB sign P48 billion loan for universal health care

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Aubrey Rose Inosante - The Philippine Star

October 3, 2026 | 12:00am

MANILA, Philippines — The Philippines has secured a yen-denominated financing package equivalent to around P48 billion (119.745 billion yen) from Asian Development Bank (ADB) to support reforms aimed at strengthening the country’s universal health care system, according to the Department of Finance.

DOF Secretary Frederick Go signed the financing agreement with the Manila-based multilateral lender to support the Build Universal Health Care Program–Subprogram 3 (BUHC3).

The financing will focus on strengthening health financing, improving the delivery of health services and information management and accountability across the health system.

“By signing this agreement, we are making a long-term investment in the country’s human capital and resilience. With the support of our development partners, we can advance reforms that will build a stronger, more responsive health system and better equip it to serve Filipinos,” Go said in a statement.

The DOF said the program would support reforms in three key areas: sustainable financing and strategic purchasing for universal health care; integrated delivery of quality health services and information management and performance accountability.

It will also support measures to address gender-specific health concerns and the health impacts of climate change.

The Department of Health and the Philippine Health Insurance Corp. will implement the program.

The DOF said BUHC3 adopts a programmatic approach to support the systematic implementation of health policy reforms at the national and local levels, building on the gains of the first two subprograms.

The ADB previously approved a $1.5-billion loan to help the Philippines mitigate the impact of the Middle East conflict. The financing will support the government’s Unified Package for Livelihoods, Industry, Food and Transport program.    

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