PM states expanding scope of Roshan Digital Account to strengthen Pakistan as ‘attractive investment destination’
Premier Shehbaz Sharif on Friday stated that expanding the scope of the Roshan Digital Account (RDA) scheme to external investors would further
An illustrative image related to: PM states expanding scope of Roshan Digital Account to strengthen Pakistan as ‘attractive investment destination’, highlighting key aspects of the story. | Image source: Dawn.com
PM states expanding scope of Roshan Digital Account to strengthen Pakistan as ‘attractive investment destination’
Premier Shehbaz Sharif on Friday stated that expanding the scope of the Roshan Digital Account (RDA) scheme to external investors would further strengthen Pakistan as “an attractive investment destination” and would expand financial markets, according to a handout from the Premier’s Office (PMO).
It should be observed that Finance Secretary Muhammad Aurangzeb on Public demonstration 16 had announced the province’s move to expand the scheme.
According to the PMO handout issued on Friday, the province, on the directives of PM Shehbaz, had decided to expand the scope of the RDA. External nationals, companies, and institutional investors would be allowed to invest in Roshan Digital Accounts and in province securities, including Naya Pakistan Certificates, it further stated.
“This drive reflects efforts to strengthen linkages with financial markets and promote external investment through a digital platform,” the handout stated.
It stated that the overseas Pakistani community, comprising approximately 11 million individuals, was among the “largest and most dynamic” communities in the world.
“Pakistanis residing in the Middle East, Europe, North America, and the Far East are contributing to host economies while supporting their families and communities back home,” it stated.
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