From Zeeshan Mirza
KARACHI: The federal government has decided to introduce new currency notes featuring enhanced security features and improved security threads.
The decision was taken during a meeting of the federal cabinet chaired by Prime Minister Shehbaz Sharif.
Cabinet members were informed that new banknotes in denominations of Rs100, Rs500, Rs1,000 and Rs5,000 will be issued.
Officials briefed the cabinet that the redesigned notes will incorporate advanced security threads and modern features, while the designs will reflect Pakistan’s regional and geographical diversity, as well as its historical landmarks.
According to a cabinet statement, the new currency designs will also highlight women’s contributions to national development and feature key social themes, including climate change.
The federal cabinet constituted a cabinet committee to deliberate on the new designs of the currency notes.
Speaking to Geo News after the meeting, State Bank of Pakistan (SBP) Deputy Governor Saleemullah said the new currency notes are expected to be issued between November and December 2026.
He added that the cabinet is expected to grant formal approval for the new banknotes in the coming months.
The cabinet also directed to refer the draft of Private Hajj Policy 2027–2030, presented by the Ministry of Religious Affairs and Interfaith Harmony regarding the registration and scrutiny of private Hajj operators through third-party to the Hajj Policy Committee for further deliberation in light of the views of the cabinet members.
The Cabinet also endorsed the decisions taken in the meeting of the Cabinet Committee on Energy held on 24th of last month.
Approval was also granted to the decisions taken in the meeting of the Economic Coordination Committee of the Cabinet held on 23rd of last month.
