Karachi, January 31, 2019 – The State Bank of Pakistan (SBP) declared on Thursday that its offices across the country will remain closed on February 5, 2019, in observance of Kashmir Solidarity Day.
This decision aligns with the federal government’s proclamation, extending the closure to commercial banks as well.
Kashmir Solidarity Day, observed annually on February 5, is a significant event in Pakistan, demonstrating unwavering support for the people of Kashmir and their right to self-determination. The day is marked with various activities, including rallies, seminars, and special events, to raise awareness about the longstanding Kashmir conflict.
The State Bank of Pakistan, as the country’s central banking institution, plays a pivotal role in the nation’s financial system. The closure of SBP offices on Kashmir Solidarity Day reflects the solemnity and importance with which the day is regarded. It allows employees of the central bank to participate in various events and activities organized to express solidarity with the people of Kashmir.
In addition to the SBP, commercial banks across Pakistan will also remain closed on February 5 in adherence to the federal government’s announcement. This decision ensures that the entire banking sector joins the nation in expressing unity and support for the Kashmiri cause.
The federal government’s declaration of Kashmir Solidarity Day as a public holiday for banks underscores the significance of fostering national unity and solidarity. By closing the central bank and commercial banks on this day, the government acknowledges the importance of commemorating the struggles and aspirations of the Kashmiri people.
Kashmir Solidarity Day has been observed in Pakistan since the early 1990s, with the aim of drawing attention to the longstanding Kashmir dispute and advocating for the rights of the Kashmiri people. The day also serves as a platform to condemn human rights violations in the region and emphasize the need for a peaceful resolution to the conflict.
Throughout the country, various events are expected to take place on February 5, including seminars, conferences, and rallies to express solidarity with the people of Kashmir. The closure of the banking sector on this day is expected to facilitate the participation of bank employees in these events, allowing them to contribute to the collective voice of support for Kashmir.
As Pakistan stands in solidarity with the Kashmiri people on February 5, the closure of the State Bank of Pakistan and commercial banks symbolizes a united front in advocating for justice, peace, and the right to self-determination for the people of Kashmir.
