“In the pipeline, there’ll be a launching soon, at which the unveiling will take place too, the same time. And until the time which the launch will be done and which the unveiling of the physical appearance and details of the forty dollar note, at this stage nothing has yet done after the simple announcement of that (new forty dollar note) during the launching of the annual report by the Governor, ” Mr Vasuni said.
He said the announcement would be made soon once the formalities are completed.
Mr Vasuni added, CBSI is working on the formalities of the note to make sure all the stages required are met before the public can use it.
“As always the case like in any production of bank notes, there’s a process or there are stages to follow so that the formalities are not over looked before it becomes legal tender, so until and unless the formalities are fully compliant with and then it becomes legal tender note or coin, so at this stage the process towards ensuring all these formalities are fully observed then the date for launching will be confirmed.” he said.
Mr Vasuni said all stake holders will be informed once a date is fixed, adding that will probably be three weeks from now.
By: Allen Waitara.