RajaRawal111
Prime Minister (20k+ posts)
ادھر نوسرباز عمران خان اور اس کی بیوی کو گٹر صاف کرنے والے شربت غٹا غٹ پلائی جا رہے ہیں
اور ان بارلوں کو دیکھو ان کو پیسے دیی جا رہی ہیں
Inflows through the Roshan Digital Account (RDA) clocked in at $182 million in March, a significant jump of over 29% compared to $141 million in February 2024, the State Bank of Pakistan (SBP) said on Thursday.
Out of the total amount, $17 million has so far been repatriated, while funds to the tune of $135 million have been utilised locally. The net repatriable liability stands at $30 million.
Latest position as of the SBP website
The central bank shared that total number of RDA accounts opened reached 679,792 from 668,701 a month ago at February-end, showing a month-on-month increase of 11,091 accounts.
As per the latest data available on the SBP’s website, the cumulative RDA inflow clocked in at $7.660 billion by the end of the previous month, out of which $1.576 billion has so far been repatriated, while funds to the tune of $4.802 billion have been utilised locally.
Consequently, total net repatriable liability stands at $1.283 billion as of March-end.
Out of the total outstanding liability, an amount of $840 million is with Naya Pakistan Certificates, with $312 million in conventional NPCs and $528 million in Islamic instruments.
Similarly, an amount of $381 million is ‘balances in accounts’, the SBP data showed.
Meanwhile, Roshan Equity Investments declined monthly and stood at a meagre $31 million.
Background
RDA is a significant source of foreign exchange inflows for cash-starved Pakistan.
The initiative was launched in September 2020 by the SBP and offers up to 8% profit on US dollar investments.
اور ان بارلوں کو دیکھو ان کو پیسے دیی جا رہی ہیں
RDA inflow registers significant growth of 29%, clocks in at $182mn in March
Inflows through the Roshan Digital Account (RDA) clocked in at $182 million in March, a significant jump of over 29% compared to $141 million in February 2024, the State Bank of Pakistan (SBP) said on Thursday.
Out of the total amount, $17 million has so far been repatriated, while funds to the tune of $135 million have been utilised locally. The net repatriable liability stands at $30 million.
Latest position as of the SBP website
The central bank shared that total number of RDA accounts opened reached 679,792 from 668,701 a month ago at February-end, showing a month-on-month increase of 11,091 accounts.
As per the latest data available on the SBP’s website, the cumulative RDA inflow clocked in at $7.660 billion by the end of the previous month, out of which $1.576 billion has so far been repatriated, while funds to the tune of $4.802 billion have been utilised locally.
Consequently, total net repatriable liability stands at $1.283 billion as of March-end.
Out of the total outstanding liability, an amount of $840 million is with Naya Pakistan Certificates, with $312 million in conventional NPCs and $528 million in Islamic instruments.
Similarly, an amount of $381 million is ‘balances in accounts’, the SBP data showed.
Meanwhile, Roshan Equity Investments declined monthly and stood at a meagre $31 million.
Background
RDA is a significant source of foreign exchange inflows for cash-starved Pakistan.
The initiative was launched in September 2020 by the SBP and offers up to 8% profit on US dollar investments.
RDA inflow registers significant growth of 29%, clocks in at $182mn in March
SBP data conveys total number of RDA accounts opened reached 679,792 from 668,701 a month ago
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