Islamabad, Feb 11: The inflow of remittances through Roshan Digital Account (RDA) has reached an impressive milestone, hitting $9.564 billion by the end of January 2025. This marks a steady increase from $9.342 billion recorded in December 2024, highlighting the growing trust of overseas Pakistanis in this initiative.
According to the latest data released by the State Bank of Pakistan (SBP), remittance inflows for January 2025 stood at $222 million, reflecting a significant rise compared to $203 million in December and $186 million in November 2024. This consistent upward trend showcases the increasing engagement of Non-Resident Pakistanis (NRPs) with Pakistan’s financial ecosystem.
The Roshan Digital Account has revolutionized banking for NRPs, including Non-Resident Pakistan Origin Card (POC) holders, enabling them to seamlessly conduct banking transactions, payments, and investments in Pakistan. Since its inception, the initiative has facilitated convenient access to the country’s financial markets for overseas Pakistanis.
By the end of January 2025, a total of 778,697 accounts had been registered under the RDA program, reflecting its widespread adoption among the Pakistani diaspora.
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Investment through RDA has also witnessed substantial growth. As of January 2025, overseas Pakistanis have invested $479 million in Naya Pakistan Certificates, $799 million in Naya Pakistan Islamic Certificates, and $59 million in Roshan Equity Investment. These figures indicate a robust interest in diverse investment opportunities provided under the RDA framework.
The continuous rise in remittances and investments highlights the confidence of overseas Pakistanis in the country’s economic policies. With increasing participation and financial inflows, RDA remains a cornerstone in strengthening Pakistan’s foreign reserves and fostering economic growth.
