News

Roshan Digital Accounts Received $1.5 Billion Inflows in Last 10 Months

•
5 min read
•
Legal Editorial Desk
Roshan Digital Accounts Received $1.5 Billion Inflows in Last 10 Months
Prime Minister (PM) Imran Khan tweeted about his satisfaction with the performance of the Roshan Digital Accounts (RDAs). He said that RDAs have achieved more milestones and that the inflows of deposits through them crossed the $1.5 billion mark. He also added that the investment in Naya Pakistan certificates has also surpassed $1 billion. ALSO READ Pakistan to Adopt Bottom-Up Approach for Growth: Shaukat Tarin The PM posted an index of the State Bank of Pakistan (SBP) data showing cumulative inflows of deposit in the RDAs, and termed it ‘good news’. The government launched RDA in September 2020. Through this account, NRPs have been fully integrated with Pakistan’s banking and payments system.
Share:

Editorial & Legal Practice Group

Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

Advocates High Court & Tax Counsel Jurisdiction: Pakistan

Need Expert
Legal Counsel?

Free Session
Initial Consultation
100% Secure
Private & Confidential

Request a Callback

Enter your WhatsApp number and our legal team will connect with you shortly.

Typical response: Prompt response during chamber hours