MANILA- President Rodrigo Duterte raised Friday the reward money for the discovery of a vaccine against the new coronavirus disease (COVID-19) to P50 million.
Duterte said the bounty could even go as high as P100 million if he becomes "happy."
"I am raising the bounty to P50 million because it is a collegial thing," he said in an address aired Friday.
"Baka sa ligaya ko, another P50 million, kung maligaya ako masyado," he added.
(If I'm too happy I might add another P50 million.)
The President initially offered up to P10 million in reward money to any Filipino who can discover a vaccine against COVID-19.
Earlier, Malacañang also announced that President Duterte would offer a "substantial grant" to the University of the Philippines-Philippine General Hospital for the development of a vaccine.
The world has yet to find a vaccine and cure for the rapidly spreading COVID-19 but there are drugs being tested worldwide as possible treatment for the respiratory disease.