BORACAY ISLAND, Aklan - The Malay Council which has jurisdiction over this resort island is questioning the Bangko Sentral ng Pilipinas (BSP) why it did not include the world-famous Boracay in the design of the new peso bills.
The BSP has been receiving flak from various sectors for its alleged errors in the design of the new bills.
The new bills' designs are said to have added security features to prevent counterfeiting.
The new bills which were presented to the public last week are expected to be released next year.
The Malay Council discussed the new bills in its regular session Tuesday and the members decided to come up with a resolution to formalize their sentiments. All the councilors have voted in favor of issuing the resolution.
"The BSP should have included Boracay in its new design, the resort island being the premier tourism destination in the country," said Councilor Ezel Flores.
The council believed that the Boracay tourism industry would be further strengthened if the BSP decided to include it in the design of the new peso bills.
The council maintained that Boracay Island has the right to be included in the Philippine peso bills because of the billion of pesos it contributes to the coffers of the government.
Once the resolution is drafted and finally approved, this will be submitted to the BSP Central Office.
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