Pakistan Government Proposes Ending Rs10 Note For Coin

On February 26, 2026, the federal cabinet of Pakistan is considering a significant proposal to replace the Rs 10 note with a coin, a move projected to save the government between Rs 40 to 50 billion over the next decade. This proposal follows a report from the State Bank of Pakistan (SBP) and the Pakistan Security Printing Corporation (PSPC), which highlighted the short lifespan of the ten-rupee note, averaging only 6 to 9 months, compared to the much longer lifespan of 20 to 30 years for a coin. Currently, around 35% of all currency notes printed annually are ten-rupee notes, costing the government approximately Rs 8 to 10 billion each year in printing and administrative expenses. "Transitioning to coins could save Rs. 40 to 50 billion over 10 years," according to ProPakistani, emphasizing the long-term cost-effectiveness of this change.