PM thanks expats for remitting $200m through Roshan Digital Account

ISLAMABAD: Prime Minister (PM) Imran Khan on Thursday thanked overseas Pakistanis for sending funds through Roshan Digital Account as figures touched $200 million on Wednesday.

“I want to thank our great asset, Overseas Pakistanis. MashaAllah funds sent by them through Roshan Digital Accounts created by SBP crossed $200 mn yesterday,” the prime minister said on Twitter.

Roshan Digital Account is a major initiative of State Bank of Pakistan (SBP), in collaboration with commercial banks operating in Pakistan. This provides non-resident Pakistanis with an opportunity to remotely open an account in the country through an entirely digital and online process without any need to visit a bank branch.

The prime minister said the pace of sending funds by the overseas Pakistanis was accelerating as the first $100 million were received in 76 days and next $100 million in only 28 days.

According to State Bank, since the facility’s launch three months ago, around 59,700 accounts had been opened by Overseas Pakistanis in 91 countries.

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