business

April 26, 2024

RDA inflows surge 29 percent to $182 million in March

The logo of the Roshan Digital Accounts initiative can be seen in this illustration . — SBP/FilesKARACHI: Roshan Digital Account inflows jumped 29 percent in March to $182 million, the State Bank of Pakistan data showed on Thursday, marking a significant increase from $141 million in February.The RDA scheme, launched in September 2020, has become one of Pakistan's main sources of foreign funding, with gross inflows reaching $7.660 billion as of March 2024.The increase in inflows is a...