872) International Anti-Corruption Day: A 50 Rupees Commemorative Coin issued by the State Bank of Pakistan on 09.12.2018:

872) International Anti-Corruption Day: A 50 Rupees Commemorative Coin issued by the State Bank of Pakistan on 09.12.2018:

The State Bank of Pakistan has brought out on 09.12.2018, new Commemorative Coins in the denomination of Rs.50.00 (Rupees Fifty) which were minted to mark the International Anti-Corruption Day. The coin issue by the Central Bank of Pakistan  has been authorised by the Federal government.

On 31.10.2003, the United Nations General Assembly (UNGA) adopted the United Nations Convention against corruption and also designated 9th December every year as International Anti-Corruption Day to raise public awareness for anti-corruption. The convention entered into force in December 2005 and the Pakistani Commemorative Coin is the first one issued carrying this message.

Corruption is a complex social, political and economic evil that affects many countries, with some nations placed on the international index that denotes the level of corruption at a higher rate than others. Corruption undermines democratic institutions, slows economic development and contributes to political instability.

In developing countries, the level of corruption is generally greater than it is in developed countries. The region is also a clear factor in the degree of corruption, which can be a substantial cause for concern in economic and political life.

 Pakistan ranked 117 out of 180 countries in terms of transparency regarding business and governance (in 2016) and its position underwent no change during 2017. This information is based on data released by the Corruptions Perception Index (2017) and released by Transparency International.

The Reverse of the Rupees Fifty Coin includes the text on the periphery - "INTERNATIONAL  ANTI-CORRUPTION DAY" and "9th December" (in English). The engraving in the centre of this face reads - "Hamara Imaan, Corruption Free Pakistan" (in Urdu).

The Obverse of the Rupees Fifty Coin depicts the National Emblem of Pakistan in the centre - the Crescent Moon and a five-pointed star facing North-west. On the upper periphery is inscribed - "ISLAMI JAMHORIA PAKISTAN (in Urdu). Below the crescent and above two sprigs of wheat curved upwards, is the year of issue - "2018". 

The face value of the coin with the numeral "50" is shown at the centre right periphery and "RUPIYA" (in Urdu) on the centre left periphery.

  The Reverse and Obverse of the coin placed together

The specifications of this coin are:

Denomination: 50 Rupees; Metal Composition: Cupro-nickel; Weight: 13.5 grams; Diameter/Size: 30.0 mm; Coin Quality: Uncirculated; Year of issue: 2018; Issuer: State Bank of Pakistan.


Links to other interesting posts on Banknotes and Coins of the Islamic Republic of Pakistan:

1) Currency & Coinage of the Islamic Republic of Pakistan: Rupee and Paise

2) International Anti-corruption Day: A 50 Rupees Commemorative Coin issued by the State Bank of Pakistan on 09.12.2018