In this regard, the ECB’s activities in supporting the ESRB will not affect the ECB’s institutional, functional and financial independence. Nor will it affect the ESCB’s performance of its tasks under the Treaty and the Statute of the ESCB and of the ECB. From the perspective of the ECB’s monetary policy, the envisaged establishment of the ESRB will have both potential benefits and risks.
We will print the ID at less than $ a piece – 60 cents to be exact. We will provide the needed equipment and space for the embedding of personal information onto the blank cards, which will be done by the Philippine Statistics Authority. The card issuance will start in April 2020.