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SBP acquires banknotes, prize bond printing functions of PSPC

KARACHI: State Bank of Pakistan has acquired the banknotes and prize bonds printing functions of Pakistan Security Printing Corporation (PSPC) from the federal government. The other security printing functions of PSPC including printing of passports, National ID Cards, stamp papers have been separated and vested into the National Security Printing Company (NSPC) a newly established company fully owned by the federal government. SBP said that being the sole issuer of banknotes in the country gives utmost importance to…