Zarate urges BSP to correct ‘mistakes’ in redesigned P1,000 invoice GMA News Online



Deputy parliamentary minority leader and representative of Bayan Muna, Carlos Isagani Zarate, called the Bangko Sentral ng Pilipinas (BSP) on Saturday for the “glaring errors” in the recently released new design of the 1,000 P banknote.

In a statement, Zarate urged the central bank to correct these errors in the new design of the bill.

“First of all, the BSP should correct the scientific name of the Philippine eagle to Pithecophaga jefferyi because the one they wrote on the new P1,000 bill was Pithecophaga jefforyi,” the lawmaker said.

“Second, the scientific name must also be in italics because it is in Latin and must be differentiated from the English language. This is one of the rules for the correct writing of scientific names,” he added.

The BSP has released the new design for the P1000 banknote, which will be for the limited polymer banknotes that will be released next year. The new design features the Philippine Eagle in front, replacing the heroes Vicente Lim, Josefa Llanes Escoda and Jose Abad Santos.

The target release of the new P1000 polymerized bill is scheduled for the fourth week of April 2022.

“BSP made almost the same mistake in 2010, so it is unfortunate that the same mistake is repeated. We hope that before the new tickets are printed, these errors will be corrected, so as not to waste funds or resources, ”Zarate said.

Next-generation currency banknotes released in 2010 were also criticized for the incorrect way the scientific names of featured wildlife were written on the banknotes.

“We hope the BSP will hear our call because it is quite embarrassing that part of our official currency contains errors that will spread,” he said.

“This has been corrected. A press release (press release) will be issued soon,” BSP Governor Benjamin Diokno told reporters when asked to comment on errors found in the scientific name of the Philippine eagle writes on the new design of Bill P1000. – DVM, GMA News


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