Duterte Youth party-list Rep. Ducielle Marie Cardema(Contributed photo) MANILA - A party-list lawmaker is urging the Bangko Sentral ng Pilipinas to redesign the current PHP500 bill featuring former Senator Benigno Aquino Jr. and former President Corazon Aquino with a "more nationalistic symbol" for the "unity of the country". Duterte Youth party-list Representative Ducielle Marie Cardema filed on May 2 House Resolution 2566, which urges the BSP to remove the "divisive Ninoy Aquino image" in the PHP500 banknote and replace it with a more unifying nationalistic figure. A copy of the resolution was released to the media on Wednesday. "The image of anti-Marcos leader, Ninoy Aquino, has been placed in the 500 peso bill and caused so much divisiveness in the Philippine populace because more than half support the Philippine leader whom Ninoy Aquino fought with politically," Cardema said in her resolution. She said the BSP recently redesigned the plastic
BANKNOTE. The Bangko Sentral ng Pilipinas (BSP) said the 1,000-peso polymer banknote will be released starting April 18, 2022. The banknote is deemed to be more hygienic than the 1,000-peso paper bill since this can be sanitized with less risk to the banknote. (Photo from BSP) MANILA - The initial batch of the 1,000-peso polymer banknotes will be out this April 18, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. "And this will be initially through over-the-counter. And maybe in six months time, you will see it in your ATMs (automated teller machines). I understand they (banks) have to reconfigure the ATMs," he said in a virtual briefing on Thursday. Diokno said the polymer banknotes will be issued alongside the 1,000-peso paper banknotes. He said the use of polymer banknotes is better compared to paper banknotes now amid the coronavirus disease 2019 (Covid-19) since the former can be sanitized easily with less risk of damage to the banknotes. The BSP said the