The federal government has initiated a major overhaul of Pakistan’s paper currency, formally approving the redesign of several high-value banknotes as part of a broader effort to modernize the country’s monetary system.
The decision was finalized during a federal cabinet meeting held in Islamabad, presided over by Prime Minister Shehbaz Sharif, where the finance ministry presented a detailed briefing on the scope and objectives of the proposed changes.
According to officials familiar with the discussions, the State Bank of Pakistan has already begun work on the new banknote designs, aligning them with contemporary global standards. International specialists have also been brought on board to ensure the notes incorporate advanced security and design features used by leading economies.
The redesigned series will cover Rs100, Rs500, Rs1,000, and Rs5,000 denominations, representing the most significant visual update to Pakistan’s currency in years. The emphasis, officials said, is not just aesthetic but also functional.
Enhanced security elements, including modern security threads and upgraded anti-counterfeiting features, will be embedded into the new notes. These measures are intended to curb the circulation of fake currency and reinforce public trust in Pakistan’s financial system.
Beyond security, the new designs aim to project a stronger national identity. The cabinet was informed that the banknotes will highlight Pakistan’s geographical and regional diversity, alongside notable historical and cultural landmarks from across the country.
The proposed designs will also carry symbolic messaging. Social themes such as women’s contribution to national progress and the growing impact of climate change are expected to be reflected, signaling a shift toward more inclusive and forward-looking currency imagery.
Before the redesigned notes are issued to the public, the federal cabinet has set up a dedicated committee to review the proposals in detail and oversee the final stages of the process.
