Bank tardy in coin removal

My contention was that this coin is thought by the population to be of such little consequence that, were it to fall to the ground accidentally, it has become almost a custom for it to be left without any effort at retrieval.

These coins can thus be seen strewn in abundance on roadways and car parks and have become an environmental monstrosity and an albatross around the country’s neck.

While it would be preposterous of me to claim credit for motivating the Central Bank into making its recent decision to withdraw this coin from circulation, what has surprised me is the tardiness of the bank in so doing, considering the cost and it being obvious that the one-cent coin was of little use to the public in general.

Indeed, it seems the existence of this coin had become nothing but a medium for facilitating what could be described as a deceitful marketing strategy by some merchants — a strategy which the public did not “buy”.

The Central Bank should therefore take note lest the same fate should visit the reconstituted five-cent coin being proposed.

Errol OC Cupid

Trincity, Tacarigua

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"Bank tardy in coin removal"

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