ISLAMABAD: Inflows through Pakistan’s Roshan Digital Account (RDA) scheme reached $13.906 billion by the end of August 2026, rising from $13.647 billion at the end of July, according to the latest data released by the State Bank of Pakistan (SBP).
The scheme recorded $259 million in fresh inflows during August, compared with $282 million in July and $306 million in June. This indicates a gradual slowdown in monthly inflows, although the cumulative amount continues to increase.
Monthly Inflows Show Moderate Decline
August’s inflows were around 8% lower than the previous month. However, the figure was substantially higher than the $164 million recorded in August 2025, representing a year-on-year increase of approximately 58%.
The contrasting monthly and annual trends suggest that while the pace of new deposits has moderated recently, RDA continues to attract significantly more funds than it did during the same period last year.
RDA Accounts Continue to Increase
The number of RDA accounts also increased during August. SBP data shows that 9,354 new accounts were opened during the month, taking the total number of accounts to 966,144, compared with 956,790 at the end of July.
Although new account additions were lower than the 10,589 recorded in July, the continued increase indicates ongoing participation by overseas Pakistanis.
Investment and Domestic Usage
By the end of August, overseas Pakistanis had invested approximately $716 million in conventional Naya Pakistan Certificates, while investments in Islamic Naya Pakistan Certificates stood at around $1.332 billion.
Roshan Equity Investment accounted for another $155 million.
Meanwhile, cumulative repatriations and local utilisation by RDA holders reached approximately $10.90 billion. This included around $2.13 billion repatriated abroad and $8.77 billion utilised within Pakistan.
During August alone, approximately $12 million was repatriated while $164 million was used locally.
Net Repatriable Liability Rises
The latest figures placed the scheme’s Net Repatriable Liability (NRL) at around $3.009 billion by the end of August.
The NRL represents funds that remain available for potential repatriation after accounting for amounts already repatriated or utilised. Its increase during August indicates that the pool of funds associated with RDA holders continued to expand despite the slower pace of new monthly inflows.
RDA Continues to Support Overseas Pakistanis
Launched by the SBP in September 2020, the Roshan Digital Account allows eligible overseas Pakistanis to open and operate accounts remotely while accessing banking, investment, financing, and other services in Pakistan.
The scheme provides channels for investments in government securities, equities, and other products, while also facilitating remittances and certain financing options.
With cumulative inflows now approaching the $14 billion milestone, upcoming SBP data will show whether the recent decline in monthly deposits continues or whether inflows recover during the final months of 2026.
For Pakistan’s property and investment sectors, continued RDA activity remains relevant because the scheme provides overseas Pakistanis with formal channels for bringing funds into the country and accessing investment and financing opportunities.
