The process for introducing new-design currency notes in Pakistan has entered a decisive stage, with official confirmation on how long printing will take once designs receive final approval. According to the Pakistan Security Printing Corporation, the physical printing phase of new banknotes requires around two months, provided all approvals are in place.
This update brings clarity for businesses, banks, and the general public awaiting the next currency series.
Where the Process Stands Right Now
The State Bank of Pakistan has already completed the design phase and submitted the proposed banknote designs to the federal government. These designs are currently awaiting cabinet approval, which is the final step before production can begin.
Until approval is granted, no printing activity starts.
How Long Printing Takes After Approval
Once the cabinet approves the new designs:
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Printing begins immediately
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The full production cycle takes approximately two months
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Notes are printed, packaged, and prepared for delivery under SBP specifications
For example, if approval is granted in January 2026, printing would likely conclude by March 2026.
Role of PSPC in Currency Production
The Pakistan Security Printing Corporation handles the entire technical side of banknote production, including:
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Secure printing
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Quality control
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Packaging and denomination sorting
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Timely delivery to SBP banking channels
PSPC works closely with SBP to ensure every note meets security and durability standards before circulation.
Why New Currency Notes Are Introduced
Pakistan typically updates its banknote series every 15 to 20 years. The reasons are practical, not cosmetic:
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Strengthening anti-counterfeiting features
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Improving durability of notes in circulation
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Updating security technology
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Aligning with international best practices
The current redesign process began in early 2024, following public input and expert evaluation.
Why the Full Process Takes Years
While printing itself takes only two months, launching a new banknote series involves:
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Design development and testing
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Security feature integration
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Cabinet and regulatory approvals
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Phased withdrawal planning for older notes
Because of this, SBP estimates the entire lifecycle of a new series takes two to three years, though the central bank aims to complete it within a shorter window.
Expected Timeline for New Notes in Circulation
Based on current progress and official statements, the unveiling and gradual rollout of new currency notes is expected during 2026, subject to final approval timelines.
Once issued, older notes typically remain legal tender during a transition period to ensure public convenience.
What This Means for the Public
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No immediate change in existing currency validity
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No action required from citizens at this stage
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Official designs will be revealed only after approval
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Circulation will follow a phased, controlled approach
Any updates will be communicated directly by SBP through official channels.
Bottom Line
The groundwork for new Pakistani currency notes is complete. Once the cabinet gives formal approval, printing will take just two months, paving the way for a controlled rollout in 2026. Until then, existing banknotes remain fully valid and in use.
This article is published for informational and educational purposes only. nise.org.pk is not an official government website and is not affiliated with any government department. Readers are advised to verify all information from official sources before taking any action.
