Monday, September 27, 2010

BSP, MONETARY BOARD RUSHING THE PRINTING OF NEW CURRENCY




 What many of us -- in the media and the private sector -- have been warning about is furtively coming to pass.

Despite the many calls for full disclosure and transparency in their “New Generation Currency Program”, the BSP and the Monetary board are proceeding and rushing the Implementation of the program, with grave consequences with respect to costs and to national sovereignty and secufrity in the printing of the the nation’s money.