Federal Government approval

Smartphone Installment Policy Awaits Approval from Two Ministries

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The Ministry of IT and Telecom is advancing its smartphone / mobile phone installment policy, now seeking approval from the Ministry of Law and Ministry of Finance. After engaging stakeholders in discussions during a working group meeting on mobile financing, the ministry is readying the policy for further review and approval by the federal government. … Read more

SBP Starts Process for Issuing New Currency Notes

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The State Bank of Pakistan (SBP) is in the process of creating and releasing a new series of banknotes for all existing denominations. Central banks typically introduce fresh banknote series every fifteen to twenty years to enhance security and incorporate the latest technological advancements in design and security features. In the initial phase of creating … Read more