BoT raises awareness on proper handling of banknotes

DODOMA: THE Bank of Tanzania (BoT) has urged the public to take greater care of their money, particularly banknotes, to ensure they remain in good condition and continue circulating for a longer period.

The call was made yesterday by the central bank’s Manager for Banking and Currency Services-Dodoma Mr Nolasco Maluli during a financial education seminar for people with special needs in Morogoro Region.

He said the public have a responsibility to handle banknotes properly, describing currency as a national asset that should be protected from deliberate damage.

“We continue to provide education to the community at large to take care of our money that it should be protected because it is a national asset, and it is not permitted to damage it in any way,” he said during the presentation.

The BoT official also reminded participants that deliberately damaging currency without lawful authority is prohibited under the law.