Sunday, 28 March 2010

Palace backs Cory portrait in P500 bill

By GENALYN KABILING
Manila Bulletin
http://www.mb.com.ph/articles/250071/palace-backs-cory-portrait-p500-bill

Malacañang has endorsed the proposed inclusion of the portrait of the late President Corazon Aquino in the country’s new P500 bill.

Deputy Presidential Spokesman Gary Olivar said the proposal of the Bangko ng Sentral ng Pilipinas (BSP) to redesign the bank notes was a fitting tribute to the late leader, a key figure in the first Edsa revolution that restored democracy in the country.

The Central Bank reportedly plans to include Mrs. Aquino’s picture in the P500 bill which carries the portrait of her husband, the late Senator Benigno “Ninoy” Aquino Jr.

“The Palace was actually planning that among measures to honor the late President Cory Aquino was to place her in a new currency. We were just preempted by the Bangko Sentral ng Pilipinas that revealed the same plans. We can expect this has the endorsement of Malacañang to honor the memory of President Cory Aquino,” he said.

Mrs. Aquino, the country’s first female president, passed away on August 1 after a battle with colon cancer. After the bloodless revolt that ousted the Marcos dictatorial regime, she served the country from 1986 to 1992.

The massive outpouring of sympathy for Aquino has prompted her son, Senator Benigno Aquino III, to join the presidential contest in 2010 supposedly to continue the legacy of his deceased parents.

Before the new bills could even be produced, Olivar expressed hope that the tribute to the late President Aquino would be free of campaign politics.

“The honor given to a person should not be a condition in the way politics and campaign work. The tribute should be given wholeheartedly to honor the late Senator Aquino and the late President Aquino for their contributions to the country,” he said.

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