The State Bank of Pakistan (SBP) recently released data indicating that foreign exchange inflows through the Roshan Digital Accounts (RDAs) reached a remarkable $6.617 billion by the close of August 2023. This substantial surge in foreign investment is a clear indication of the ...

The Pakistan International Airline (PIA) is facing a situation where the Federal Bureau of Revenue (FBR) has taken action to freeze 26 of its bank accounts due to the airline's failure to pay federal excise duty. The FBR reported that the PIA owes a substantial amount of Rs8.84 billion in federal ...

WASHINGTON – Twitter on Friday announced that it will wind down the legacy blue ticks given to the verified accounts before the takeover of the Elon Musk. The process of doing away with the blue ticks for legacy verified accounts will start from April 1 as the microblogging platform aims at ...

National Accountability Court (NAB) has received endorsement from an Accountability Court for freezing the bank accounts of two Chinese companies involved in investment scams. The Securities and Exchange Commission of Pakistan (SECP) had originally complained to NAB after which an investigation ...

ISLAMABAD – The Auditor General of Pakistan (AGP) has found Rs25 billion irregularities in the armed forces’ accounts for the year 2021-22. An audit report has pointed out irregularities worth Rs21 billion in Pakistan Army’s financial affairs and Rs1.6 billion each in the financial matters ...

Investigation agencies have identified over 800 people, including overseas Pakistanis, involved in the dissemination of misinformation against the Pakistan Army, lawmakers, the government, and other state institutions. According to the details, 580 of those accounts have been ...

The federal government has decided to conduct a special audit of the Pakistan Cricket Board (PCB) accounts from 2019 to 2022. The Ministry of Inter-Provincial Coordination has contacted the Auditor General of Pakistan (AGP) for a special audit of PCB accounts. The ministry asked AGP top from ...

The inflows under Roshan Digital Account witnessed a decline of almost 25 percent with inflows standing at $188 million — a much lower number than June. According to the State Bank of Pakistan (SBP), the total deposits under RDA increased to $4.794 billion in July from Rs. 4.606 billion which ...

ISLAMABAD – Pakistan has registered a strong protest with New Delhi over its recent blocking of Twitter accounts of Pakistan's diplomatic missions and the national broadcaster Radio Pakistan, in India. The Indian Charge d’ Affaires in Islamabad was called to the Ministry of Foreign Affairs ...

*ISLAMABAD: The federal government and State Bank of Pakistan (SBP) on Monday rebutted rumours circulating on social media regarding the seizure of Foreign Currency, Roshan Digital Accounts and Safety Deposit Lockers.* The government of Pakistan and the SBP assure all account holders maintaining ...