Fact-Check: Is The State Bank Issuing Commemorative Banknotes For 75th Independence Day?

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2022-06-25T16:56:01+05:00 News Desk
The State Bank Of Pakistan has clarified that the images circulating on social media showing commemorative banknotes marking the 75th Independence Day of Pakistan are fake.

The country's central bank said in a tweet, "[State Bank of Pakistan] clarifies that the design circulating on various social media platforms regarding commemorative banknote to be issued on the 75th independence day of Pakistan is Fake."

https://twitter.com/StateBank_Pak/status/1540371149749624833

Pakistan will be celebrating the 75th anniversary of its Independence Day on August 14th.

Previously on May 18 a cabinet committee made to amend the NAB laws approved the design for a commemorative 75th anniversary banknote, as per the finance ministry.

The finance ministry had proposed the printing of the note from an international firm which would cost $6.64 million. Rejecting the finance ministry's proposal, the federal cabinet decided that the bank note should be printed locally to save public money.
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