ISLAMABAD: Prime Minister Imran Khan on Friday launched the “game-changer” Roshan Apna Ghar scheme for overseas Pakistanis
According to the State Bank of Pakistan (SBP), non-resident Pakistanis can use Roshan Digital Account to get finance to purchase a house.
“I think this [initiative] will help us attract a lot of money because Pakistan needs dollars and overseas Pakistanis are the only source to decrease the gap between the country’s exports and imports” Prime Minister (PM) Imran Khan made this statement at the launch ceremony.
He expressed his view that hopefully, this new scheme will help in recovering the current account deficit by narrowing the import-export gap.
The PM expects to draw potential investment from nine million overseas Pakistanis through this initiative.
The nation will observe sustainable development by guaranteeing assistance to abroad Pakistanis in the lodging area under the venture. “Pakistanis based abroad need to be given confidence so they invest back home without any fear of fraud,” he said.
He also emphasizes the obstacles such as corruption faced by overseas Pakistanis. “a segment of people habitual of working in a corruption-free society will not prefer to work in corrupt societies.”
He added “A lot of [overseas] people informed me about a plot they purchased in Pakistan which later got occupied illegally,” he said.
Itemizing what separates Roshan Apna Ghar, the PM said banks were associated with the plan which will add to the certainty of overseas Pakistanis.
Moreover, he claimed that his government has made it easier to do business in Pakistan.
Finance Minister (FM), Shaukat Tarin. said the plan would assist to retain money coming through Roshan Digital Account and expects ample investments through this initiative.
State Bank Governor, Reza Baqir, remarked that all obstacles that overseas Pakistanis faced previously in housing investment had been removed through effective utilisation of digital technology
Hi,
Its me Imran I am very happy the steps are taking from this current Government,I am very happy with that but most importantly what if this Government will be out next time so what sort of security will we have to protect our life time assets which we earned in a difficult period of time,As we all know the cruption in Pakistan so we need to provide permanent security regardless whatever Government will take over in future,and also what sort of benefits we will get from Bank, will they gave us easy payable loans so we can get asap kindly please send me those questions so I will take the second step.
It will be grossly mismanage, I can guarantee it.
Awesome steps has taken by government… hope will be working good.