The State Bank of Pakistan has reported that remittances sent by overseas Pakistanis through Roshan Digital Accounts (RDA) have exceeded $8.416 billion.
The data shows that in July 2024 alone, $161 million was transferred via the RDA platform, bringing the total amount from September 2020 to July 2024 to over $8.4 billion.
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In June 2024, the remittances were significantly higher, a total of $224 million. Additionally, there was a notable increase in the number of new Roshan Digital Accounts, with 10,820 accounts opened in July, raising the total number of active accounts to 723,598.
Furthermore, investment through RDAs has also seen strong growth. Overseas Pakistanis have invested $357 million in New Pakistan Certificates, $618 million in New Pakistan Islamic Certificates, and $39 million in Roshan Equity Investments.
