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SBP announces five-day holidays on account of Eid ul Fitr 2023

The State Bank of Pakistan (SBP) announced five-day holidays on account of Eid ul Fitr on Wednesday.

“The State Bank of Pakistan will remain closed from 21st to 25th April 2023 (Friday to Tuesday) on the occasion of Eid-ul-Fitr,” said a statement issued by the central bank.

Earlier this week, the Pakistan Stock Exchange (PSX) also announced market closure from April 21 to April 25.

In a notification issued on Monday, the PSX said “All TRE Certificate Holders, staff and concerned are hereby informed that PSX shall remain closed from Friday, April 21, 2023, till Tuesday, April 25, 2023, on account of Eid-ul-Fitr holidays.”

Last week, the federal government also announced a five-day holiday on account of Eid ul Fitr as well, approved on the recommendation of the Cabinet Division.

Meanwhile, the Central Ruet-e-Hilal Committee is set to meet on April 20 for the sighting of the Eid ul Fitr crescent.

 

Saman Siddiqui

Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.

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