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

Trump Meets Lebanon, Israel Envoys for Peace Talks Amid Ceasefire Extension

US President Donald Trump is set to meet Lebanese and Israeli envoys for peace talks…

6 minutes ago

Israel Prepares to Resume War Against Iran with US Approval

Israel's Defence Minister Israel Katz announced on Thursday that Israel is prepared to resume the…

1 hour ago

Naval Chief: Future Warfare Shaped in Indian Ocean Due to Trade Impact on Supply Chains & Energy Prices

Chief of Naval Staff Admiral Naveed Ashraf stated on Thursday that the future of warfare…

2 hours ago

Lebanon Accuses Israel of War Crime Over Journalist’s Death in Drone Strike

Israeli strikes in southern Lebanon that killed a journalist on Wednesday were deemed war crimes…

3 hours ago

UAE to Run 50% Govt Services on AI in Two Years

The United Arab Emirates has unveiled plans to run 50% of its government sectors, services,…

3 hours ago

Iran War Increases Fuel Costs, Affecting Global Aid Delivery Says NRC

The Iran war is causing significant global humanitarian impact, with rising energy costs affecting everything…

4 hours ago