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SBP to remain closed on May 1

SBP sees sustained growth in H2-FY24
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April 27, 2023 (MLN): The State Bank of Pakistan (SBP) will remain closed on May 1, 2023 (Monday) on account of Labour Day, the circular issued by the central bank informed today. 

"The State Bank of Pakistan will remain closed on May 1, 2023 (Monday) on the occasion of “Labour Day” as declared by the Government of Pakistan," the circular read. 

Labour Day is celebrated to honor workers and the importance of their contributions to the nation and society. 

In 1972, the first labor policy in Pakistan established labor day as an official holiday.

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Posted on: 2023-04-27T15:01:16+05:00