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Philippines secured $800M worth of loans for COVID-19 booster shots -- DOF
MANILA, -- The Philippines has so far secured $800 million or about P40 billion worth of loan financing from multilateral development banks to ensure adequate government funds for the procurement of COVID-19 booster shots, the Department of Finance (DOF) said recently. In a statement, the DOF said it has signed a $250-million loan agreement with the Asian Development Bank (ADB) and another $250-million loan deal with the Asian Infrastructure Investment Bank (AIIB) in December 2021. Likewise, a $300-million loan accord with the World Bank (WB) was also inked in December. Finance Undersecretary Bayani Agabin said the DOF is waiting for the opinion of the Department of Justice (DOJ) for the effectivity of the financing agreements. "We expect everything, we expect [these loans] to be effective around, towards the latter part of January. So that will give us funds to purchase our COVID booster shots," said Agabin. The Finance official also said that the DOF withdrew $80 million from the World Bank’s $500-million 4th Disaster Risk Management Development Program with a Catastrophic Deferred Drawdown Option (CAT-DDO4) last December 27 to support the national government’s disaster relief and
Nurse Sonia Saballa (left) administers a Covid-19 vaccine to Lizel Labador, 12, accompanied by her stepmother Ma. Lourdes Valdez, during the first dose vaccination inside a classroom in Phil. The Food and Drug Administration has earlier approved the use of Pfizer and Moderna Covid-19 jabs for the 12 to 17 age group. Also, read story on : PHL secured $800M worth of loans for COVID-19 Booster Shots on this week-end's issue (MNS photo) rehabilitation efforts in provinces devastated by Typhoon Odette. ?"Within the week we will draw again $120 million from the same
loan facility from the World Bank, that’s equivalent to P6 billion to fund the rehabilitation and recovery efforts in connection with ‘Odette’,"
Eye on Health Meet Dr. Gregory Stainer, M.D., F.A.C.S. By Adam Behar NATIONAL CITY, CA -According to experts, it takes 10,000 hours of practice to become an expert at something. Now, think about vision correction surgeries like LASIK. How many LASIK surgeons in San Diego County have over 10,000 successful operations under their belt? Maybe there are others, but I know of only one surgeon who meets this criterion – Dr. Gregory Stainer, a highly regarded ophthalmologist with American Eye Associates. A group of top-tier eye specialists and surgeons, American Eye Associates recently opened a new center in National City, on Plaza Boulevard, to go with existing locations in Chula Vista, El Cajon, and El Centro. In addition to vision correction (LASIK & PRK) services, the specialists and surgeons at American Eye Associates provide: • Cataracts treatments • Astigmatism Correction • Cornea treatments • Dry Eye • Glaucoma • Retinal Care All of the specialists affiliated with American Eye Associates graduated from elite medical schools and received training at the best institutions—and Dr. Stainer, M.D., F.A.C.S., is no exception. He began his medical career at
prestigious Northwestern University in Chicago, completing his internship at Northwestern Hospital and his residency at the University of Wisconsin. And while, as you’d expect, Dr. Stainer has an M.D. next to his name, you’ll notice he has also earned an F.A.C.S., which stands for “Fellow of the American College of Surgeons.” This indicates that Dr. Stainer’s education, training, professional qualifications, surgical competence, and ethical conduct have passed a rigorous evaluation, and have been found to be consistent with the highest standards. He completed his fellowship training for Corneal & External Diseases at the University of California, San Diego. Known for being quick, safe and highly effective, LASIK surgery is an alternative to glasses or contact lenses, and continues to be one of the most popular vision correction procedures.
Commissioner Caesar Dulay have issued Revenue Regulations (RR) No. 22-2021 extending the tax filing and payment deadlines in the
See PHILIPPINES on
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Mayor Gloria Lays Out Clear, Decisive Path Forward on City’s Biggest Challenges MAYOR FOCUSES STATE OF THE CITY ADDRESS ON SOLUTIONS TO HOMELESSNESS, HOUSING, INFRASTRUCTURE, PUBLIC SAFETY
During LASIK surgery, Dr. Stainer uses a special type of laser to change the shape of the domeshaped clear tissue at the front of your eye (i.e., the cornea). LASIK technology continues to evolve at a rapid rate, he says, noting that American Eye Associates employs the very latest in LASIK technology. “The laser technology has evolved to the point where it's very easy on the patient," says the doctor. “In the old days, if you had a small correction, we could do it maybe in a minute, or a minute and a half. Nowadays, we do small corrections in under five seconds and larger corrections in under 20 seconds.” Also, most patients today, says Dr. Stainer, don’t experience glare, halo, or the so-called ghosting effects associated with older LASIK technologies. “What we have is just an unbelievable technology. I don't know how it can get any better.” According to Dr. Stainer, the LASIK procedure includes three phases: Phase 1: Patient completes eye exam. Doctor checks for irregularities in the eye. The first step is to ensure you are a viable candidate for the LASIK procedure. For example, if the tests revealed that you have an existing eye disease, such as early glaucoma or early cataracts, then you’re probably not a good candidate for See EYE ON HEALTH on
said Agabin. Agabin also said Finance Secretary Carlos Dominguez and Bureau of Internal Revenue (BIR)
six regions declared by President Rodrigo Duterte under a state of calamity because of Odette. These are the regions of Mimaropa (Mindoro-MarinduqueRomblon—Palawan), Western Visayas, Central Visayas, Eastern Visayas, Northern Mindanao and Caraga, which were declared under a one-year state of calamity starting December 21, 2021. All December 2021 deadlines for filing and payment of tax returns, filing of tax refund applications (including of 12% value-added tax or VAT), processing of VAT refunds, as well as the statutory period to issue assessment notices and warrants of distraint and levy were moved 30 days later to various dates in January 2022 under the RR. — Ted Cordero/KBK, GMA News Covid-19 self-test kits may ease demand for swab tests -- FDA The use of self-administered Covid-19 test kits could ease the high demand for swab testing once they get regulatory approval and become widely available, Food and Drug Administration (FDA) officerin-charge Oscar Gutierrez said Thursday. In a televised public briefing, Gutierrez said the Department of Health (DOH) would release guidelines on the proper use of the self-test kits so that persons
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SAN DIEGO, CA -- In his second State of the City address as the 37th Mayor of San Diego, Mayor Todd Gloria tonight spoke decisively and unflinchingly about some of the most pressing problems facing the City of San Diego – specifically, the City’s homelessness and housing crises, the decades-in-the-making infrastructure backlog and public safety amid rising crime. He was frank about the difficulty of addressing the challenges facing San Diego. “I’d love to rehash the past year's many wins on climate, transportation, fiscal discipline and more – and to celebrate the people and organizations who made them happen because I’m proud of them,” Mayor Todd Gloria said. “But the last two years have left all of us short on patience for happy talk.” But the Mayor ultimately struck an optimistic tone, pointing out that the city is in a transitional period and declaring it “ready” to turn the corner and take its place among the greatest in the United States. “I ran for this office on the promise of reinvigorating San Diego with a jolt of big-city energy, fostering a culture of “YES” that will help us ascend to our rightful place as one of the greatest cities in the country,” said Mayor Gloria. “As I consider the progress we’ve made and the work the lies ahead – I can say that the State of our City is ‘ready.’” HOMELESSNESS Devoting the largest segment of his address to the homelessness
crisis, Mayor Gloria detailed the progress the City made in 2021 on building out its comprehensive, coordinated system of outreach, shelter and supportive housing. “Let’s be clear,” he said. “Under no circumstance is it compassionate to let a person live on the street.” Recognizing that housing is the ultimate solution to homelessness, the Mayor noted that 132 new apartments for chronically homeless San Diegans were created last year, and that nearly 1,000 more are in the pipeline in 2022. He also pointed out that the City has added more than 200 temporary shelter beds since April 2021 – a 21 percent increase – and that the city is actively vetting multiple locations for additional beds. While the City augments services for those who accept help, there is a sizable segment of the unsheltered
population that is not capable of making the decision to seek assistance, Mayor Gloria said. To help those San Diegans, the Mayor said he intends to pursue legislation to reform state conservatorship laws. “One of our society’s most egregious failings is neglecting to care for people suffering from severe mental illness,” the Mayor said. “So, this year, I am pushing for state action on conservatorships so that people who cannot help themselves aren’t left vulnerable to the dangers of life on the streets.” HOUSING The housing-affordability emergency was a major focus for Mayor Gloria in 2021, when he launched his “Homes For All of Us” initiative, which includes two Housing Action Packages containing See MAYOR GLORIA on
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