RECORDER REPORT

KARACHI: The State Bank of Pakistan (SBP) has announced suspension of fresh currency notes to general public on Eid-ul-Fitr 2020.

According to the SBP, the bank’s management has taken multiple precautionary measures to ensure social distancing and mitigate the speared of COVID-19. These include but are not limited to performing of only essential and critical functions making comprehensive work from home arrangements, and ensuring workplace Standard Operating Procedures (SOPs).

Accordingly, the bank’s COVID-19 Committee meeting chaired by Deputy Governor Banking State Bank has deiced not to issue fresh notes to general public, employees and ex-employees of SBP and its subsidiaries on the occasion of Eid-ul-Fitr.