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The BSP said the conversation covered ways to enhance the competitiveness of the abaca industry and outlined the public health and environmental sustainability benefits of the shift to polymer.

This April 12, 2022, photo courtesy of the Bangko Sentral ng Pilipinas shows BSP Deputy Governor Mamerto E. Tangonan, Monetary Board Member V. Bruce J. Tolentino and Agriculture Undersecretary Fermin D. Adriano during a consultation on the issuance of the 1000-Piso polymer banknotes.

BSP representatives were joined by officials from the Department of Agriculture, Department of Health, Department of Trade and Industry, Philippine Council for Agriculture and Fisheries, Philippine Fiber Industry Development Authority and the National Banner Program Committee on High Value Crops-Fiber Crops.

 

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