ISLAMABAD: Foreign exchange inflows from the Roshan Digital Account (RDA), on Monday, achieved the historic milestone of crossing the $2 billion mark in 11 months.
The State Bank of Pakistan (SBP) announced the news through a tweet in which it expressed their gratitude towards the overseas Pakistanis for their contribution.
According to sources, a Rs13.1 billion subsidy will be required to maintain the growth rate.
Last week, the Economic Coordination Committee (ECC) of the cabinet gave go-ahead for a reward system for the overseas Pakistanis to incentivise them to send money back to Pakistan through formal channels.
Previously, Prime Minister Imran Khan expressed appreciation on April 24 when the RDA inflows crossed $1bn and on June 27 when the $1.5bn mark was crossed.
For more news and information, visit Graana.com
As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…
Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…
The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…
The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…
The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
