World of Coins

Modern Asian coins, pseudo coins and trade tokens => Pakistan, Bangladesh, the Maldives => Topic started by: Bimat on December 06, 2018, 03:12:22 PM

Title: Pakistan: New Rs. 50 Coin to Commemorate Anti Corruption Day
Post by: Bimat on December 06, 2018, 03:12:22 PM
Federal Cabinet to Approve Rs. 50 Coin Today

by Raza Rizvi

The Finance Division is expected to approve the issuance of a Rs. 50 Commemorative Coin on the occasion of International Anti-Corruption Day.

Among the 20 point agenda of the cabinet meeting today, issuance of the coin was 15th on the list.

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Source: Pro Pakistani (https://propakistani.pk/2018/12/06/federal-cabinet-to-approve-rs-50-coin-today/)
Title: Pakistan: New Rs. 50 Coin to Commemorate Anti Corruption Day
Post by: Bimat on December 08, 2018, 08:17:13 AM
State Bank to issue Rs 50 commemorative coin

Staff Report

DECEMBER 8, 2018

The State Bank of Pakistan (SBP) will issue Rs 50 Commemorative Coin of International Anti-Corruption Day on December 10, 2018.

In a statement issued on Friday, the SBP said corruption is a complex social, political and economic phenomenon that affects all countries. Corruption undermines democratic institutions, slows economic development and contributes to political instability.

On October 31, 2003 the General Assembly adopted the United Nation (UN) Convention against corruption. The Assembly also designated December 9 as ‘International Anti-Corruption Day’ to raise public awareness for Anti-Corruption.

The convention entered into force in December 2005. The Federal Government has authorised the State Bank of Pakistan to issue Rs50 Commemorative Coin of International Anti-Corruption Day.

These coins will be issued through the exchange counters of all the field offices of SBP Banking Services Corporation from December 10, 2018.The metal composition of this coin is Cupro-Nickel with 75 percent copper and 25 percent nickel. The coin’s dimensions are 30 mm and its weight is 13.5 grams.

Source: Daily Times (https://dailytimes.com.pk/331124/state-bank-to-issue-rs-50-commemorative-coin/)