Karachi: Pakistan received USD 11.3 billion in inflows through the Roshan Digital Account (RDA) as of October 2025, marking a steady rise in deposits from overseas Pakistanis and reinforcing confidence in the country’s external financing framework.
According to data released by the State Bank of Pakistan (SBP) on Wednesday, monthly inflows climbed to USD 205 million in October, up 5% from USD 196 million recorded in September. The total number of accounts also increased to 873,465 from 862,357 a month earlier.
Analysts noted that the continuous rise in RDA inflows reflects growing trust among the Pakistani diaspora, supported by macroeconomic stability and ongoing IMF-backed reforms.
“Monthly inflows rose to USD 205 million, while net repatriable liabilities increased to USD 2.15 billion, accounting for about 19% of total inflows and suggesting most deposits remain invested domestically,” said Saad Hanif, Head of Research at Ismail Iqbal Securities.
He added that growth was led by Naya Pakistan Certificates—particularly Islamic variants—alongside a 111% year-on-year rise in Roshan Equity holdings, showing stronger investor appetite for Sharia-compliant and equity-linked products.
The RDA initiative, launched in collaboration with commercial banks, allows non-resident Pakistanis to open digital accounts for investing, banking, and remittances.
Remittance inflows also recorded a notable uptick, rising to USD 3.4 billion in October—up 11.9% year-on-year. Overall, remittances reached USD 12.96 billion during the first four months of FY2026, showing a 9.3% increase from USD 11.9 billion in the same period last year.
Meanwhile, Pakistan’s foreign exchange reserves have continued to strengthen, reaching USD 14.5 billion by the end of October. The IMF Executive Board is expected to approve a USD 1.2 billion loan tranche for Pakistan in early December, following a staff-level agreement finalized last month.
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