The State Bank of Pakistan (SBP) has announced the conclusion of its Art Competition for new banknote designs, praising local artists for their creativity.

The competition, judged by a panel of experts, awarded prizes to several winners across different denominations. The selected designs will be shared with international designers, who will refine them while incorporating local artistic elements.

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SBP emphasized that the final banknote series will represent the nation’s cultural heritage and forward-looking vision. Prize money will be distributed to the winners, with details of the award ceremony to be announced soon.