Philippines – Imagine having a money with two different designs with
only one currency. That is what the Philippine 1,000-peso bill will be upon the
recent announcement of the bank of the Philippines or Bangko Sentral ng
Pilipinas (BSP) that have made a new design for the peso bill yet the former
design will remain. This means, the two 1,000-peso bill will be in circulation
with each other.
The former design has the Philippine three World War II heroes – Jose Abad
Santos, Vicente Lim, and Josefa Llanes Escoda on the front of the 1,000-peso
bill but on the new design the three Filipino heroes were removed and replace
by the head of a Philippine eagle. The removal of the three Filipino heroes on
the front of the 1,000-peso bill draws criticism. The removal of the three
heroes, as one criticizes, is killing again them and removing or erasing them
form Philippine psyche or Filipino psyche which is more painful it is same
fellow Filipino who remove them.
The Bango Sentral ng Pilipinas or BSP and the Malacanang have defended
the new design, saying the new design will promote the fauna and flora in the
Philippines but the former design will however remain in the circulation.
The new design and the new money is a polymer in nature or it is a
plastic bill which is according to BSP is dirt and water resistant and more sustainable,
durable, hygienic, and cost-effective. The new design will be issued next year
2022 April or May.
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