Roshan Digital Account | Pakistan

Muhammad Aurangzeb has reaffirmed the government’s commitment to the Roshan Digital Account (RDA) scheme, highlighting its resilience and importance for attracting overseas investment.

Prime Minister Shehbaz Sharif on Friday said that expanding the scope of the Roshan Digital Account (RDA) scheme to foreign investors would further strengthen Pakistan as “an attractive investment destination” and would expand financial markets, according to a handout from the Prime Minister’s Office (PMO). It should be mentioned that Finance Minister Muhammad Aurangzeb on March 16 had announced the government’s move to expand the scheme. According to the PMO handout issued on Friday, the government, on the directives of PM Shehbaz, had decided to expand the scope of the RDA. Foreign nationals, companies, and institutional investors would be allowed to invest in Roshan Digital Accounts and in government securities, including Naya Pakistan Certificates, it added. “This initiative reflects efforts to strengthen linkages with financial markets and promote foreign investment through a digital platform,” the handout said. It said that the overseas Pakistani community, comprising approximately 11 million people, wa...