Prime Minister Shehbaz Sharif on Friday stated that increasing the scope of the Roshan Digital Account (RDA) scheme to overseas traders would additional strengthen Pakistan as “a gorgeous funding vacation spot” and would increase monetary markets, in accordance with a handout from the Prime Minister’s Workplace (PMO).
It must be talked about that Finance Minister Muhammad Aurangzeb on March 16 had introduced the federal government’s transfer to increase the scheme.
In keeping with the PMO handout issued on Friday, the federal government, on the directives of PM Shehbaz, had determined to increase the scope of the RDA. Overseas nationals, firms, and institutional traders can be allowed to put money into Roshan Digital Accounts and in authorities securities, together with Naya Pakistan Certificates, it added.
“This initiative displays efforts to strengthen linkages with monetary markets and promote overseas funding by means of a digital platform,” the handout stated.
It stated that the abroad Pakistani neighborhood, comprising roughly 11 million folks, was among the many “largest and most dynamic” communities on the earth.
“Pakistanis residing within the Center East, Europe, North America, and the Far East are contributing to host economies whereas supporting their households and communities again house,” it stated.
It maintained that abroad Pakistanis weren’t solely a supply of energy for the nationwide economic system but additionally ambassadors of Pakistan’s tradition, enterprise potential, and values worldwide.
The handout stated that in accordance with the State Financial institution of Pakistan (SBP), remittances had reached $38.3 billion within the 2025 fiscal yr, reflecting a 26.6 per cent enhance in comparison with the earlier yr.
“Remittances are anticipated to succeed in $42 billion within the 2026 fiscal yr,” it stated. The handout stated that this efficiency mirrored the boldness of abroad Pakistanis and their continued assist for enhancing the nation’s economic system.
“Pakistan has change into the fifth-largest recipient of remittances globally and the second-largest in South Asia. Remittances stay an important issue for stabilising Pakistan’s exterior accounts,” it maintained.
The handout stated that SBP’s overseas trade reserves at the moment stood at roughly $16.3 billion, whereas whole reserves have been near $21.6 billion. It added that since its launch in 2020, the RDA scheme had achieved vital milestones.
The assertion stated that by the top of February 2026, greater than 900,000 accounts had been opened, including that whole investments had exceeded $12 billion.
In keeping with the handout, PM Shehbaz congratulated Finance Minister Aurangzeb, the SBP, and taking part banks on this success.
It additionally quoted the finance minister as saying that Pakistan was prepared for funding.
“By authorities reforms, a powerful digital system, and expanded monetary services, a clear, safe, and conducive setting is being offered,” Aurangzeb stated.
“Buyers around the globe are inspired to make the most of alternatives in Pakistan and change into a part of the nation’s financial future,” he stated..
