Marcos vows prudent spending by his gov’t

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President Ferdinand 'Bongbong' Marcos Jr. on Wednesday vowed prudent spending in his government as the Bangko Sentral ng Pilipinas presented Philippine banknotes bearing his signature and the new coin series with the BSP logo.

Pres. Ferdinand"Bongbong" Marcos Jr. speaks at the unveiling of new banknotes at the Bangko Sentral ng Pilipinas on Wednesday, Dec. 7, 2022.

According to Marcos, the issuance of the new polymer banknote is “smarter, cleaner, stronger,” which "serves as a response to the pressing public health and safety concerns due to the pandemic." “So I convey my full support to all of our BSP officials and their employees. I also have complete confidence in your capability, competence, and integrity," Marcos added.

He also tasked them to ensure price stability, enrich banking reforms, and sharpen strategies to guarantee that public interest remains at the heart of the government’s priorities.

 

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