Public urged to respect paper money

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BY MAVIS NISHIMURA PODOKOLO

THE general public has been urged to respect the country’s paper currencies that are circulated in the country.

The call was raised following repeated malpractice by the general public in squeezing and at times writing on dollar notes.

It is highlighted that such practice contributes to the bad looking local currency especially 10 dollars, five dollars and 20 dollars note.

When contacted yesterday the Media Officer of Central Bank of Solomon Islands (CBSI’s) Mr Uriel Matanani said there is no new regulation within CBSI law to address such issues but CBSI will continue carry out their ongoing awareness programme.

He said the ongoing awareness are focused on counterfeiting money, its penalties and introducing of newly change notes.

Matanani said awareness programmes are carried through radio programmes, visit to schools and provinces.

He explained that the programmes are carried out by Currency and Banking Department of CBSI.

In the meantime Matanani advised that attitude problem is the main cause of the issues and that public must practice the use of purse to maintain the quality of notes.

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