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SBP explains its stance on the rumours of ATM closures.

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Reportedly, ATMs were shut down, however the State Bank of Pakistan (SBP) refuted the reports.

In a statement released on Monday, the central bank advised people not to give personal information or click on dubious online links.

Following their use of an online banking session, users promptly log out. Regular account statement inspection is advised for bank users, according to SBP.

Rejecting the rumours about ATM closures is the State Bank of Pakistan. The spokeswoman for the central bank urged consumers not to believe rumours they hear on social media and said there is no disruption to online banking.

ATMs and internet banking services are available to users as usual. The State Bank is actively collaborating with OneLink and other banks to guarantee the safety of the digital payment system and the financial infrastructure. Guidelines for IT and security are strictly adhered to.

While banking at ATMs, branches, or online, customers are recommended to exercise caution. Please report any suspected behaviour right away. Pay card details, bank account information, passport information, etc. should never be disclosed to third parties. Avert divulging personal information or clicking on dubious links on the internet. Whenever you use internet banking, always log out right away.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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