Categories: Everyday News

RDA inflows surge past record $1.25 billion mark

ISLAMABAD: The foreign exchange inflows through the Roshan Digital Accounts (RDAs) has surged past the $1.25 billion mark as revealed by government officials. 

invest with imarat

Islamabad’s emerging city centre

Learn More

The statistics were revealed in a webinar managed by the Habib Bank Limited (HBL) along with Pakistan High Commission Canada and the State Bank of Pakistan (SBP). 

The RDA was initiated in  September 2020 to address the concerns of overseas Pakistanis and simply the banking processes like payments, and investments. 

As per the SBP’s, ‘The State of Pakistan’s Economy’ report, the response is positive. Over 160,000 overseas Pakistanis have contributed around $1.25 billion from over 170 countries. 

Maham Tahir

Recent Posts

CDA Directs Fast-Track Handover of Developed Plots in Islamabad Sectors

Islamabad: The chairman of the Capital Development Authority (CDA) and Chief Commissioner Islamabad, Muhammad Ali…

2 weeks ago

KP Government Considers 31km Outer Ring Road in Peshawar to Ease Traffic

Peshawar: The Khyber Pakhtunkhwa government is exploring plans to construct a 31-kilometre outer ring road…

3 weeks ago

NHA Utilises 56% of Development Budget in First Half of FY26

Islamabad: The National Highway Authority (NHA) has spent more than half of its development budget…

3 weeks ago

Karachi to Upgrade 183 Roads Under Special Infrastructure Program

Karachi: A high-level meeting chaired by Sindh Minister for Local Government Syed Nasir Hussain Shah…

4 weeks ago

Al Akaria Signs SR1.2 Billion Lease Deal for Amsa Vue Residential Compound in Riyadh

Riyadh: Saudi Real Estate Co. (Al Akaria) has signed a long-term lease agreement with Amsa…

4 weeks ago

Land Acquisition Begins for Thalian Interchange of Rawalpindi Ring Road Project

Rawalpindi: The divisional administration has begun acquiring land for the Rs5 billion Thalian Interchange, a…

1 month ago