Overview
- Prime Minister Shehbaz Sharif chaired the Islamabad meeting where the Federal Cabinet cleared the introduction of redesigned notes.
- The Finance Ministry briefed ministers on State Bank proposals covering the Rs100, Rs500, Rs1,000 and Rs5,000 denominations.
- Officials said the redesign adds improved security threads and other elements aimed at curbing counterfeiting.
- Artwork is planned to showcase regional diversity and historic landmarks while highlighting women’s contributions and climate change.
- No rollout date was announced, and the cabinet also ratified late-December decisions by the energy and economic committees while sending a draft Private Hajj Policy back for further review.