Good news for Pakistan’s economy! Inflows through the Roshan Digital Account (RDA) hit $203 million in December 2024, reflecting a 9% increase from November’s $186 million. This continued growth shows the strong interest and confidence of overseas Pakistanis in supporting the country’s financial ecosystem.
Key Figures – December at a Glance
Here’s a quick breakdown of December’s inflows and their utilization:
- Total inflows: $203 million (+9% from November)
- Repatriated funds: $13 million
- Locally utilized funds: $113 million
Since the launch of RDA in September 2020, the cumulative inflows have reached a whopping $9.342 billion! Of this total:
- $1.7 billion has been repatriated
- $5.911 billion was utilized within Pakistan
- Net repatriable liability stands at $1.73 billion
Strong Growth in Accounts & Equity Investments
The number of RDA accounts continues to grow, with 10,319 new accounts opened in December alone, bringing the total to 778,713 accounts.
Additionally, Roshan Equity Investments saw a 16% surge, reaching $59 million in December. This increase reflects growing investor interest in Pakistan’s equity market through RDA.
Why the Growth Matters
The continued rise in inflows and investments through RDA is a positive sign for:
Strengthening Pakistan’s foreign reserves
Increasing local investments
Providing overseas Pakistanis with secure investment opportunities
The RDA initiative has been instrumental in bridging the gap between overseas Pakistanis and local financial markets, offering them diverse investment options like Roshan Equity, Naya Pakistan Certificates, and real estate ventures.
What’s Next for RDA?
With inflows climbing steadily and new accounts opening every month, experts believe that RDA could play a pivotal role in Pakistan’s economic revival. As more overseas Pakistanis engage with this platform, the country’s foreign exchange reserves are likely to get a much-needed boost.
Want to Learn More or Get Started?
If you're an overseas Pakistani looking to invest back home, RDA offers a range of flexible options tailored to your needs. Visit the official State Bank of Pakistan RDA page for more details!