Pakistan Projected to Reach $42 Billion in Yearly Remittances

March 28, 2026 Diplomats World

Government Expands Roshan Digital Account to Foreign Investors

The Prime Minister’s Office has announced a strategic decision to broaden the operational scope of the Roshan Digital Account (RDA) initiative following specific directives from Prime Minister Shehbaz Sharif. Under the new guidelines, eligibility for the program has been extended to include foreign citizens, international companies, and institutional investors. This policy shift allows global participants to invest directly in Pakistani government securities and Naya Pakistan Certificates, marking a significant opening of the domestic financial market to international capital.

Prime Minister Shehbaz Sharif Drives New Global Investment Strategy

According to data provided by the State Bank of Pakistan (SBP), the country has witnessed a substantial surge in financial inflows, with remittances exceeding $38.3 billion during the 2025 fiscal year. Economic projections from the central bank indicate that this upward trajectory will continue, with remittances expected to reach a record-breaking $42 billion by the conclusion of fiscal year 2026. This growth has elevated Pakistan’s global standing, ranking it as the fifth-largest recipient of remittances worldwide and the second-largest in South Asia.

National Foreign Exchange Reserves Climb to $21.6 Billion Mark

The Prime Minister’s Office further detailed the robust health of the nation’s financial reserves, noting that the State Bank of Pakistan’s foreign exchange holdings currently stand at approximately $16.3 billion. When combined with commercial bank holdings, the total national liquid reserves have reached nearly $21.6 billion, the highest level in the past four years. This increase strengthens the country’s financial sovereignty and enhances its ability to maintain a sustainable balance of payments while supporting long-term economic stability and investor confidence.

State Bank Reports Over 900,000 Roshan Digital Accounts Opened

The success of the digital banking initiative is reflected in metrics recorded by the end of February 2026, showing that over 900,000 Roshan Digital Accounts have been activated. Total cumulative investment through the platform has now surpassed the $12 billion threshold, with approximately $12.16 billion in total inflows. Prime Minister Shehbaz Sharif extended formal congratulations to Finance Minister Senator Muhammad Aurangzeb and the State Bank for these achievements, noting that the expanded framework will further strengthen Pakistan as an attractive investment destination.