**KARACHI, July 2025** — The **State Bank of Pakistan (SBP)** has officially **selected a fresh design for the country’s banknotes**, marking the next stage in a long-planned currency redesign exercise.
### International Expertise Guides Security-Enhanced Designs
SBP Governor **Jameel Ahmad** confirmed that the approved layout was developed by an **international expert**, following rigorous technical evaluation and selection from designs submitted in SBP’s earlier art competition . The redesign focuses on **modern aesthetics**, **anti-counterfeiting enhancements**, and improved **durability** aligned with global currency standards.
### Phased Launch Awaiting Federal Approval
The rollout is planned to begin in **2025**, with the full series of all current denominations being updated over time ([LinkedIn][3]). The initiative still requires **cabinet approval** before final printing and public launch.
### Modernizing Pakistan’s Currency System
This effort comes as part of Pakistan’s broader strategy to **enhance monetary security**, **phase out older notes gradually**, and future-proof the currency amid evolving technologies. It follows the global practice of refreshing banknote designs every 15–20 years.
Once the new notes enter circulation, older notes will be **withdrawn in stages**, ensuring ample transition time for the public and financial institutions.
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