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Pakistan s Public Debt Soars to Rs 38 Trillion

Foreign inflows in Roshan Digital Accounts rise to $1 3bln

Envoy urges expatriates to benefit from RDA as deposits soar to $1 25b

Daily Times June 5, 2021 Pakistan High Commissioner to Canada Raza Bashir Tarar Friday urged the overseas Pakistanis to take full advantage of the incentives offered under the Roshan Digital Accounts (RDAs) as a secure and profitable banking solution and mode of investment. The high commissioner, while addressing a webinar arranged by Habib Bank Ltd, in collaboration with State Bank of Pakistan and Pakistan High Commission Canada, said the RDAs have emerged as a dependable, secure and profitable banking solution and mode of investment for the overseas Pakistanis. Pakistan High Commissioner Raza Bashir Tarar, President HBL Muhammad Aurangzeb, Managing Director DPC, SBP Syed Irfan Ali, Pakistan Stock Exchange CEO Farrukh Khan, Consul General of Pakistan Toronto Abdul Hameed, Consul General of Pakistan Vancouver Janbaz Khan, Consul General of Pakistan Montreal Ishtiaq Ahmad Aqil also attended.

Pakistan receives $1 25bn through RDAs so far

Daily Times June 5, 2021 Pakistan has received $1.25 billion foreign exchange inflows through over 160,000 digital accounts opened by overseas Pakistanis across 170 countries worldwide since the Roshan Digital Account (RDA) scheme was introduced last September. This was stated during a webinar arranged by Habib Bank Limited in collaboration with the State Bank of Pakistan and Pakistan High Commission in Canada. It was informed that Roshan Digital Accounts have emerged as a dependable, secure and profitable banking solution and mode of investment for overseas Pakistanis. Addressing the webinar, Pakistan’s High Commissioner to Canada Raza Bashir Tarar urged the overseas Pakistanis to take full advantage of the incentives offered under Roshan Digital Accounts.

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