Department of Finance

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    Date: 2023-04-20 18:45:36.781328

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Inquiry on Production Cost of Philippine Coins and Bills

Requested from DOF by M. Caballa at 06:45 PM on Apr 20, 2023.
Purpose: Research
Date of Coverage: 04/20/2020 - 05/26/2020
Tracking no: #DOF-841503468504

Caballa 06:45 PM, Apr 20, 2023

I am writing to inquire about the production cost of Philippine coins and bills currently in circulation. Specifically, I would like to know how much it costs the state to produce each denomination of coin and bill.
If possible, could you please provide me with the most up-to-date information on the production cost of Philippine coins and bills, as well as any other related data or studies that may be available?
In the event that this information cannot be provided, may I know the reason why and if there are any alternative sources or references where I can obtain this information?
Thank you.

April 27, 2023

Dear Mark Anthony,

Greetings!

Thank you for your request dated Apr 20, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for Inquiry on Production Cost of Philippine Coins and Bills.

Response to your request

While our aim is to provide information whenever possible, in this instance this Office does not have  the information you have requested. However, you may wish to contact the Bangko Sentral ng Pilipinas at telephone number 8811-1277 and email address: bspmail@bsp.gov.ph, or resubmit your request addressed to the correct agency on the eFOI portal at www.foi.gov.ph.

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If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Undersecretary Maria Edita Z. Tan through her email address: meztan@dof.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

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