In an effort to draw in international investors, Pakistan expands the Roshan Digital Account program.

As instructed by Prime Minister Shehbaz Sharif, the government has chosen to broaden the Roshan Digital Account’s scope.

Foreign nationals and institutional investors would also be able to access the Roshan Digital Account under the new scheme, allowing them to engage in Pakistan’s financial markets.

Officials say the initiative will now allow international corporations to invest in Naya Pakistan Certificates and government securities.

The program intends to expand Pakistan’s ties with international financial markets, according to Finance Minister Muhammad Aurangzeb, who urged foreign investors to investigate investment prospects in Pakistan.

According to the Ministry of Finance, the Roshan Digital Account program has opened almost 900,000 accounts thus far.

According to officials, the scheme has brought in more than $12 billion for Pakistan. Remittances are predicted to increase to $42 billion in the current fiscal year from $38.3 billion in fiscal year 2025.

The State Bank of Pakistan reports that the nation’s overall national reserves are nearly $21.6 billion, while its foreign exchange reserves are just about $16.3 billion.

The State Bank introduced the Roshan Digital Account program on September 10, 2020, with the goal of promoting foreign investment and fortifying Pakistan’s ties to international financial markets.