In a recent cabinet meeting chaired by Prime Minister Shehbaz Sharif, significant discussions took place regarding the introduction of polymer-substrate banknotes in Pakistan. According to ProPakistani, the cabinet raised concerns over the safety and practicality of these new notes, particularly highlighting potential risks for children who might chew on them. The ministers also debated the proposed discontinuation of the Rs. 10 banknote in favor of a coin, calling for a detailed comparison of production costs and lifespan. As a result, the cabinet decided to refer the matter to a dedicated committee for further examination of the design, materials, and features of the new banknote series proposed by the State Bank of Pakistan (SBP). This development comes as the Finance Division noted that the existing banknote series has been in circulation since 2005, suggesting a need for modernization.
FINANCE
Federal Cabinet Discussion on New Currency Notes Proposal

Pakistan's cabinet debates polymer banknotes, safety concerns, and Rs. 10 coin switch. A review committee will assess design and costs amid mixed public reactions and misinformation on social media.
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ProPakistani
Updated 3 days agoNE
nerdherd
Updated 4 days agoSG
sgspl.pk
Updated 4 days agoTL