Advertisement
News

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

Federal Government Plans 25% Salary Hike and New Allowances for Employees

The federal government is set to implement significant salary increases and new allowances for its…

2 hours ago

Full Justice for May 9 Riots Dependent on Punishing Masterminds: ISPR

Complete justice over the May 9 incidents would be served when the masterminds and planners…

2 hours ago

CCP Fines Karachi Dairy Associations for Collusion in Milk Price Hikes

The Competition Commission of Pakistan (CCP) has levied fines on dairy associations in Karachi for…

2 hours ago

AKU’s Dr Zulfiqar Bhutta Honoured Globally

In a proud moment for Pakistan and the global healthcare community, Dr Zulfiqar Ahmed Bhutta,…

22 hours ago

OGRA Reduces LNG Prices for December

The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in liquefied natural gas…

22 hours ago

Trudeau’s Government on Brink of Collapse as NDP Pledges No-Confidence Motion

Canadian Prime Minister Justin Trudeau is on the verge of losing power after New Democratic…

22 hours ago