As the festive season approaches, Pakistan gears up for a long weekend, with banks across the country set to remain closed for three days. The announcement comes in light of the upcoming Quaid-e-Azam Day and Christmas celebrations, marking a significant occasion in the nation’s calendar.
Central Bank’s Announcement
The central bank of Pakistan has declared a bank holiday on Monday, which will be observed in conjunction with the regular weekend, spanning Saturday and Sunday. This three-day closure is in honor of Quaid-e-Azam Day and Christmas, creating an extended weekend for individuals to commemorate these important events.
Festive Season Closure
With Friday serving as the last day of the business week for most banks, the closure extends seamlessly into the weekend. This aligns with the annual festivities surrounding Quaid-e-Azam Day, which commemorates the birth of Pakistan’s founder, Muhammad Ali Jinnah, and the joyous celebrations of Christmas on December 25.
Public Holidays for Christmas Celebrations
Adding to the festivities, the Pakistani government has officially declared December 25 and December 26, 2023, as public holidays specifically for Christmas celebrations. This thoughtful initiative provides individuals with an opportunity to partake in the joyous spirit of Christmas with their families and communities.
Impact on Banking Operations
During this three-day closure, banking operations, including physical branches and online services, are expected to be temporarily unavailable. Individuals are encouraged to plan their financial transactions accordingly, keeping in mind the public holidays and the subsequent closure of banking services.