Piñol supports move to use abaca for making paper bills
Agriculture Secretary Emmanuel Piñol is supporting a law in the making that will impose the use of abaca for the making of the country’s paper bills as well as other government documents.
Piñol said some parties are planning to propose a bill to Congress for the mandatory use of Abaca fibre in the manufacturing of the country’s paper bills, security papers, birth certificates, marriage certificates, death certificates, land titles, official documents, and graduation diplomas.
Abaca is a plant that produces the strongest natural fibre in the world and is indigenous to the Philippines.
The Department of Agriculture (DA) has been gearing up efforts to promote abaca farming in the country.
“There is a shortage of Abaca now because government in the past failed to address the problems of the farmers including diseases which virtually decimated the industry,” Piñol said.
Abaca, along with coffee and cacao, are among the high value crops being pushed by the DA because of high earning potentials.
According to the DA chief, there is an earning potential of P140,000 per hectare per year in abaca farming.