KARACHI, February 4, 2020 – In a significant move reflecting solidarity with Kashmiris, the State Bank of Pakistan (SBP) has declared a holiday on February 5, 2020, on the occasion of Kashmir Day.
The decision comes as part of Pakistan’s ongoing support for the people of Kashmir in their struggle for self-determination.
In a circular issued by the central bank, it was confirmed that the SBP will remain closed on Wednesday, February 5, 2020, in observance of Kashmir Day, as designated by the Government of Pakistan. This gesture underscores Pakistan’s unwavering commitment to raising awareness about the longstanding issue of Kashmir and standing with its people in their quest for justice and freedom.
The SBP’s announcement extends to all banks, development financial institutions, and microfinance banks, as they were duly informed about the holiday. This ensures that all financial institutions across the country will observe the day, reflecting a unified stance in support of the Kashmiri cause.
Kashmir Day holds profound significance for Pakistan, serving as a reminder of the unresolved dispute over the region and the enduring plight of its inhabitants. It is a day marked by various activities and events aimed at raising awareness about the human rights violations and political turmoil faced by the Kashmiri people.
The decision to close the central bank on Kashmir Day aligns with Pakistan’s continued efforts to draw international attention to the Kashmir issue and advocate for a peaceful resolution in accordance with the aspirations of the Kashmiri people and relevant United Nations resolutions.
Pakistan’s stance on Kashmir remains firm and principled, emphasizing the right to self-determination for the Kashmiri people and condemning Indian occupation and human rights abuses in the region. The closure of the SBP on Kashmir Day serves as a symbolic gesture of support for Kashmiris’ legitimate struggle and reinforces Pakistan’s commitment to their cause.
As the international community grapples with escalating tensions and humanitarian concerns in the Kashmir region, Pakistan’s actions underscore the urgency of addressing the longstanding dispute and working towards a peaceful resolution that upholds the rights and aspirations of the Kashmiri people.
In observing Kashmir Day, Pakistan reaffirms its solidarity with the people of Kashmir and reiterates its call for a just and lasting solution to the Kashmir conflict. The closure of the SBP on February 5, 2020, stands as a testament to Pakistan’s unwavering support for the Kashmiri cause and its commitment to advancing peace, stability, and justice in the region.
As the nation prepares to observe Kashmir Day, the closure of the central bank serves as a reminder of the collective responsibility to stand with the oppressed and marginalized and to advocate for their rights on the global stage. Pakistan’s commitment to the Kashmiri cause remains steadfast, and the closure of the SBP is a tangible expression of that enduring solidarity.
