Pakistan govt decides to introduce new currency notes

Islamabad: The government has decided to introduce new designs for Pakistan’s currency notes.

A meeting of the federal cabinet was held under the chairmanship of Prime Minister Shehbaz Sharif.

According to an official statement, the Ministry of Finance briefed the cabinet on the proposed new designs for banknotes to be issued by the State Bank of Pakistan.

The cabinet subsequently constituted a committee to further review and deliberate on the redesigned currency notes.

During the briefing, it was stated that the new currency notes are being designed in line with modern and contemporary requirements.

International experts have been engaged to assist in the design process to ensure global standards are met.

The cabinet was informed that new designs will be introduced for Rs100, Rs500, Rs1,000 and Rs5,000 banknotes. Enhanced security features, including improved security threads, will be incorporated to prevent counterfeiting.

The designs will reflect Pakistan’s regional and geographical diversity as well as its historical landmarks.

In addition, the contribution of women to national development will be highlighted, while important social themes such as climate change will also be incorporated into the new currency designs.