Maganda in paper ang panukala na to, pero tingnan din natin ang cons. Una una, kung ang panukala eh papalitan ang 1000.00 or 500.00 bills at aalis sa circulation o yung tinatawag na demonetization, eh malaking pera ang kakailangan ng BSP.
At nitong October palang eh nag labas ng pahayag tungkol dito,
INSTEAD of literally removing “dirty money” from circulation through demonetization, bank-secrecy reform, digitalization and transparency measures are more targeted and capable of real change, according to the Bangko Sentral ng Pilipinas (BSP).
Although removing the highest denominations from circulation to flush out “dirty money” from the banking system to confront graft may be “tempting,” cash is still king in the Philippines.
The CPID estimates that replacing the P1,000 and P500 notes, or about 2.5 billion pieces worth P2.2 trillion, would absorb 93 percent of the value and 51 percent of the volume of all notes in circulation.
This would cost around P11.5 billion just in printing, excluding replacement, storage, transport and destruction costs, according to CPID.
It would overload automated teller machines and cash drawers, and require expanded armored car logistics and more vault space for banks and businesses.
“The logistical cost would far outweigh any potential benefit,” the BSP officials said.
https://businessmirror.com.ph/2025/10/15/reforms-not-removing-%E2%82%B11k-bills-right-tack/So malaking gastos to sa gobyerno natin. Pero nakatagpo rin naman tayo kay Ex-finance chief Cesar Purisima.
https://business.inquirer.net/549062/ex-finance-chief-phase-out-p500-p1000-bills-to-deter-graftIn a social media post, Cesar Purisima, who served as finance secretary during the administration of the late former President Benigno Aquino III, suggested lowering the highest circulating bill to P200, arguing that the physical burden of moving large sums would serve as a deterrent against corruption in public office.
