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ISLAMABAD: Prime Minister Imran Khan has said the country’s economic indicators are on a positive trajectory despite many challenges including the coronavirus pandemic.
He was addressing a ceremony in connection with Roshan Digital Account crossing $500 million mark in remittances in Islamabad. PM Imran Khan said the present government has made record repayments of $20 billion in foreign loans over the last two and a half years.
The prime minister expressed his pleasure over the record increase in the country’s exports at a time when the economies around the world were badly affected by the breakout of the pandemic.
He said Pakistan’s exports have been more than our competitors including India and Bangladesh and the textile sector is witnessing a boom and new textile mills are being opened.
PM Imran Khan noted that the conscious efforts to improve exports as well as remittances in the Roshan Digital Pakistan Accounts have helped stabilize the rupee.
He said that 88,000 Roshan Digital Accounts have been opened in 97 countries. He pointed out that the overseas Pakistanis are our biggest asset and it has been his endeavour to tap this potential to take forward the country.
The prime minister directed the State Bank of Pakistan (SBP) to open a special cell to fully facilitate the overseas Pakistanis in opening the Roshan Digital Account. He said the more we facilitate the expatriates, more amounts will come in the Roshan Digital Accounts.
He also stressed for a focused and innovative media campaign for overseas Pakistanis to apprise them about this new initiative. He was confident that this will help increase the number of accounts. He said the banking sector has an important role in Naya Pakistan Housing Program as well as the promotion of small and medium enterprises. He said these two sectors have been the potential to accelerate economic growth.
