Staff Report
ISLAMABAD: Inflows coming through the Roshan Digital Account clocked in at 125 million dollars in February, up 14 percent compared to 110 million dollars in January.
Under RDA, the cumulative inflow has now hit 5.8 billion dollars at the end of February, thirty months since the program was launched, as per State Bank of Pakistan (SBP) data released on Wednesday.
February’s data does not convey cumulative outflow
However, the central bank’s data does not convey cumulative outflow, which reports suggest has surged in recent months.
Meanwhile, the data shows that out of the overall 5.811 billion dollars deposited in RDAs, 3.655 billion dollars, or almost 62.9 percent, have been invested in Naya Pakistan Certificates.
Of this, 1,833 million dollars have been invested in conventional NPCs, whereas 1,822 million dollars have been invested in Islamic NPCs.
Just 49 million dollars, or less than 1 percent, has been invested in Pakistan Stock Exchange.
The inflows through RDA have been decreasing since June 2022.
