Caretaker Information Minister Murtaza Solangi‘s reaction to the news of Rs 5,000 notes being discontinued has come out.
Caretaker Information Minister Murtaza Solangi, in a statement on social media website X (Twitter), has denied the news of the banning of Rs 5,000 notes and said that this notification is false.
Murtaza Solangi has said that strict action will be taken against those who spread false notification.
This is fake. The Govt of Pakistan shall act against the people spreading this kind of fake news to create chaos.
This is a false notification.
Government of Pakistan will take strict action against those spreading such false notification.
? pic.twitter.com/9yU3DlM5UK— Murtaza Solangi (@murtazasolangi) September 7, 2023
On the other hand, the Ministry of Finance has also denied the news of demonetisation of Rs 5,000 notes and clarified that the viral notification on social media is fake.
The spokesman of the Ministry of Finance further said that no ban has been imposed on the Rs 5,000 note, the news spread in this regard is baseless and false.
It should be noted that in a viral fake notification on social media, it was said that notes worth Rs 5000 will be stopped from 30 September 2023.
In the fake notification, it was further stated that currency notes worth Rs. 5,000 should be exchanged by branches of State Bank of Pakistan and other authorized banks till September 30.
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**Interview with Caretaker Information Minister Murtaza Solangi on the Discontinuation of Rs 5,000 Notes**
**Interviewer:** Thank you for joining us today, Minister Solangi. There’s been a lot of discussion around the recent announcement regarding the discontinuation of Rs 5,000 notes. What is your reaction to this news?
**Murtaza Solangi:** Thank you for having me. The decision to discontinue the Rs 5,000 notes is a significant step in our efforts to streamline the currency system and combat illegal financial activities. It’s important to ensure that our economy remains transparent and secure, and this move aligns with that objective.
**Interviewer:** Some citizens may feel uncertain about how this will affect their daily transactions. What do you have to say to those concerns?
**Murtaza Solangi:** I completely understand the concerns of the public. It’s essential to ensure a smooth transition. The government is committed to providing alternative solutions and will communicate clearly about the new measures. Our aim is to minimize any disruptions to the public during this transition.
**Interviewer:** There are also questions about the timeline for this discontinuation. Can you share any details on when this will take effect?
**Murtaza Solangi:** While I cannot provide a specific date just yet, I can assure you that we are working diligently to finalize the timeline. We will announce it as soon as possible, along with comprehensive guidelines for the public to follow.
**Interviewer:** Lastly, what do you hope this move will accomplish for the economy and the public at large?
**Murtaza Solangi:** This decision is ultimately about fostering a stronger, more resilient economic environment. By moving away from high-denomination notes like the Rs 5,000, we aim to mitigate tax evasion and money laundering. In the long term, this will create a more equitable financial landscape for everyone.
**Interviewer:** Thank you, Minister Solangi, for your insights. We appreciate the clarity you’ve provided on this important matter.
**Murtaza Solangi:** Thank you for having me. It’s crucial that we keep the public informed during these changes.
