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PM Visits KSA Marked Upward Slope in RDA

Islamabad: Reza Baqir, governor of the State Bank of Pakistan (SBP), called on the prime minister and informed him that, as a result of his visit, the number of Roshan Digital Accounts (RDA) in the Kingdom of Saudi Arabia (KSA) has been on the rise.

Read: PM Kamyab Jawan Program to Disburse PKR 10 bn to Sindh Youth

The PM also spoke to Pakistani expats in Jeddah during this trip and thanked them for continuing to support the nation’s economic growth.

The RDA is a financial tool to help Pakistanis living abroad carry out their ambitions to invest in the nation. This advances Pakistan’s foreign exchange reserves, as well as the nation’s economic growth and stability.

The PM is also optimistic about the growth of Roshan Digital Accounts and how it would affect foreign exchange reserves.

Read: SBP Demands Banks to Alter Lending Mechanisms for Tier-1 Applicants

While also praising and recognising the work of Pakistani expats in Jeddah, the PM further commended Pakistanis living abroad for utilising RDA, which has already registered deposits totaling more than USD 1 billion. He also expressed his gratitude to SBP for reaching such a significant milestone so quickly.

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