Inflows through the Roshan Digital Account (RDA) stood at $177 million in April 2025, marking a sharp 25% decline from $235 million in March, according to data released by the State Bank of Pakistan (SBP).
Of the total inflows for the month, $24 million has been repatriated, while $159 million has been utilised locally, highlighting continued domestic usage despite the dip in overall inflows.
The total number of RDA accounts grew from 805,442 to 814,244 by the end of April, reflecting a month-on-month increase of 8,802 new accounts.
Cumulative RDA inflows have now reached $10.18 billion since the initiative’s launch in September 2020. Out of this, $1.757 billion has been repatriated, while $6.527 billion has been utilised locally.
The net repatriable liability as of April-end stands at $1.897 billion, with:
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$1.356 billion parked in Naya Pakistan Certificates (NPCs)
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$456 million in conventional NPCs
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$900 million in Islamic instruments
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$444 million held as balances in accounts
Meanwhile, Roshan Equity Investments dipped by 6% month-on-month, standing at $58 million.
Background:
The Roshan Digital Account is a key initiative by the SBP aimed at attracting foreign currency inflows from overseas Pakistanis. Offering up to 8% returns on US dollar investments, RDA plays a critical role in stabilizing the country’s foreign exchange reserves amid persistent liquidity challenges.
