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 ...

On Wednesday, the State Bank of Pakistan (SBP) granted 'in-principle approvals' (IPA) to five digital retail banks in a move aimed at promoting innovation, financial inclusion, and the availability of affordable digital financial services, as reported by ARY News. SBP Governor Jammel Ahmed ...

The government has decided to introduce digital currency to improve the country's economy, prevent black money, improve the value of the rupee and make various types of payments. The value of the digital currency will be equal to the Pakistani rupee, just as one unit of China's digital currency ...

The State Bank of Pakistan (SBP) is poised to grant preliminary approvals in the coming weeks to five newly established financial firms, paving the way for the establishment of Digital Banks in Pakistan. These institutions, including Easypaisa DB, Hugo Bank, KT Bank, Mashreq Bank, and Raqami, ...

The digital census has been extended until April 30th for Karachi, Hyderabad, Quetta, Lahore, Rawalpindi, and Islamabad, the 24NewsHD TV channel reported on Tuesday. The Pakistan Bureau of Statistics has extended the fieldwork of the digital census for the third time. Earlier, the Pakistan Bureau ...

ISLAMABAD – The first-ever digital population and housing census link the fifth most populated country will start tomorrow (Wednesday). The much hyped general elections would be held in constituencies based on the new digital census as a digital portal was launched earlier this month, where ...

The number of Roshan Digital Account (RDA) holders has reached 500,000, according to the State Bank of Pakistan’s (SBP). “Thanks to our Overseas Pakistanis & participating banks, we have passed the major milestone of 500,000 Roshan Digital Accounts,” the central bank said in a Tweet on ...

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 - Inflow of remittances under Roshan Digital Account (RDA) rose to US $3.92 billion by the end of March 2022 as compared to US $3.632 billion till end of February last year, according to a latest data released by the State Bank of Pakistan. The data showed that the inflows of ...

The new Digital Pakistan Policy envisages generating one million additional IT-skilled human resources by 2030. The policy is further aimed at increasing IT exports to $30 billion by 2030, promoting cloudification by shifting all government services to Cloud, and ensuring internet access to every ...