SBP To Not Release Fresh Notes For Eid-ul-Fitr 2020 Due To COVID-19

May 11, 2020Nouman Ilyas0

 

The State Bank of Pakistan (SBP) has announced that it will not issue fresh notes on Eid-ul- Fitr to avoid the coronavirus pandemic from spreading.

According to a notification issued by SBP, a range of precautionary steps have been taken by central bank management to ensure social distancing and reduce the spread of COVID-19.

Accordingly, at its meeting on April 29, 2020, the COVID-19 Committee of the Bank chaired by DG (Banking & FMRM) agreed NOT to send fresh notes to the general public and employees and their subsidiaries at the Eid-ul-Fitr 2020 meeting.

According to the statement, all Chief Managers are instructed to send these guidelines for details and strict enforcement to all the officials concerned.

Extracted from City42 News

Nouman Ilyas

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