Roshan Digital Accounts Surpass $7.2B Inflows by December 2023: SBP Report

As of December 2023, the State Bank of Pakistan (SBP) reports that foreign exchange inflows through Roshan Digital Accounts (RDAs) have reached $7.195 billion. During the same period, $1.538 billion has been repatriated, while $4.442 billion has been utilized locally, resulting in a net repatriable liability of $1.215 billion.

In December alone, the inflows amounted to $160 million, with repatriation of $7 million and local utilization of $120 million. The net repatriable liability for December stands at $34 million.

The data further reveals that since the launch of RDAs, a total of 651,057 accounts have been opened, reflecting a 1.6 percent month-on-month increase.

In December 2023, the total net investments through RDAs reached $816 million. NPC Investments (Conventional) accounted for $331 million, NPC Investments (Islamic) recorded $455 million, and Roshan Equity Investments amounted to $30 million. Balances in Accounts were reported at $375 million, while Other Liabilities stood at $24 million.

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