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Group resists shift of plastic banknote from abaca

BANKNOTE. The PHP1,000 bill. The Bangko Sentral ng Pilipinas (BSP) will pilot-test starting in the first half of 2022 the use of PHP1,000 polymer notes, a move opposed by the Philippine Fiber Industry Development Authority.(BSP image) BURAUEN, Leyte - The Philippine Fiber Industry Development Authority (PHilFIDA) is opposing plans to shift to polymer plastic from abaca fiber in the production of banknotes starting next year. The move is a setback in the global drive to promote renewable, sustain...
New Zealand Mamerto Tangonan Kennedy Costales Bangko Sentral Department Of Foreign Affairs Philippine Council For Agriculture

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