Advertisement
Categories: BusinessNews

Overseas Pakistanis Remit $8 Billion via Roshan Digital Account in Four Years

Advertisement

Data released by the State Bank reveals a remarkable milestone: overseas Pakistanis have remitted over $8 billion through the Roshan Digital Account platform within just four years of its launch.

Launched by the State Bank in mid-2020, the Roshan Digital Account initiative has seen exponential growth, reaching the $8 billion mark in remittances as of May 24.

The platform has gained widespread popularity among overseas Pakistanis, with more than 700,000 individuals opening Roshan Digital Accounts. This surge in accounts underscores the platform’s appeal, offering a seamless way for Pakistanis abroad to transact and invest back home.

The substantial influx of remittances highlights the trust and confidence of overseas Pakistanis in the Roshan Digital Account platform, providing them with convenient and secure channels for sending money and exploring investment opportunities within Pakistan.

Advertisement
News Desk

Recent Posts

Cloudflare Outage Disrupts Major Online Platforms, Including X and OpenAI

A multi-platform outage struck earlier today, triggered by service issues at content delivery network (CDN)…

2 days ago

Your Guide to Safe Rides and Deliveries with inDrive

Taking a ride or sending a package shouldn’t come with second guesses. That’s why inDrive,…

4 weeks ago

Irfan Junejo to Represent Pakistan as Begin Partners with LaLiga for Exclusive FC Barcelona Interviews

First-ever official representation from Pakistan at FC Barcelona’s base camp marks a new chapter in…

1 month ago

Dowry: A Deadly Tradition That Must End

A young bride from Gujranwala has become the latest victim of a cruel and deep-rooted…

1 month ago

Begin Secures Global Streaming Rights for Pakistan Idol

Begin, the UAE-based OTT platform, has acquired the global streaming rights for Pakistan Idol, one…

1 month ago

Remembering Shaheed Hakim Mohammed Said

Members of the Hamdard Shura Karachi chapter and young speakers of the Hamdard Naunehal Assembly…

1 month ago