State Bank of Pakistan opens Türkiye quake relief fund

State Bank of Pakistan opens Türkiye quake relief fund

The State Bank of Pakistan (SBP) has announced to open “Prime Minister’s Türkiye Earthquake Relief Fund Account” for collecting donations to support the earthquake victims and Turkish Government in a difficult time.

SBP has asked the commercial and microfinance banks to open the account of the Fund and receive contributions in cash, through cheques, pay order and demand drafts, at all their branches across the country.

The Government of Pakistan has already notified establishment of a relief fund, namely, Prime Minister’s Relief Fund for Türkiye Earthquake Victims.

The Fund shall accept donations/ contributions both from domestic and international sources for the aforesaid purpose. The Fund will be administered by the National Disaster Management Authority (NDMA) while the Accountant General Pakistan Revenue will maintain accounts of the Fund.

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