Irshad Ansari Wednesday 22 December 2021
ISLAMABAD: The central government has chosen to broaden the date of trade of old plan money notes of Rs 10, 50, 100 and 1000 till December 31, 2022.
As indicated by Express News, the Federal Cabinet has supported the outline sent by the Ministry of Finance expressing that the Board of Directors of the State Bank of Pakistan has endorsed the old plan of Rs. Expansion of money note trade date has been endorsed.
The Board of Directors of the State Bank of Pakistan supported under sub-segment 2 of area 25 of the State Bank of Pakistan Act, 1956 and the Ministry of Finance additionally concurs with the proposals of the Board of Directors of the State Bank of Pakistan.
The rundown likewise expresses that the SBP states that setting a cutoff time for trade of old section money notes denies certain individuals of the capacity to trade these notes, subsequently the arrangement embraced by banks in created nations. Comparatively in Pakistan individuals ought to be permitted to trade old planned banknotes.