Banks to remain closed on Tuesday

KARACHI: Following the government announcement to observe a public holiday on May 28, 2024, all banks remain closed for public dealing on Tuesday across the country, ARY News reported on Monday.

On the occasion of “Youm-e-Takbeer”, the State Bank of Pakistan (SBP) issued a statement announcing the closure of banks across the country as declared by the government.

Earlier in the day, the incumbent government announced a public holiday on May 28 (Tuesday) to mark the historic day, ‘Youm-e-Takbeer’, when Pakistan emerged as an atomic power.

In a statement, Prime Minister Shehbaz Sharif said that the ‘Youm-e-Takbeer’ is a reminder of the country’s unshakeable commitment to its defense and sovereignty.

“On this day, we unite under the green and white flag to celebrate our nation’s unwavering resolve,” the prime minister added.

He highlighted the significance of May 28, 1998, when Pakistan successfully conducted nuclear tests, making its defense invincible. “We will continue to work tirelessly to ensure economic security and prosperity for our nation,” he vowed.

The nuclear explosions were conducted in self-defense to respond to India’s aggression of nuclear tests. As a result, Pakistan became the first nuclear power in the Muslim world and seventh in the world.