1LINK resumes beneficiary management in Sohni Dharti Remittance Program with enhanced features
1LINK has resumed beneficiary management in the Sohni Dharti Remittance Program, offering improved security and smarter redemption options through the SDRP app starting September 29, 2025.
Emigration Surges While Social Safety Nets Strengthen in Pakistan
Pakistan recorded a 23.9% rise in registered emigrant workers in July 2025, while social protection programs including BISP and interest-free loans expanded significantly, highlighting the dual trends of rising overseas employment and stronger domestic welfare support.
Pakistan’s External Account Shows Improvement with Strong Export and Remittance Growth
Pakistan’s external account deficit narrowed in July FY2026 compared to last year, supported by higher exports, rising remittances, and stronger IT inflows, despite an expanding trade deficit due to higher imports of petroleum and food products.
Roshan Digital Accounts Record USD 185 Million Inflows in July, Total Crosses USD 10.7 Billion
Roshan Digital Accounts (RDA) attracted USD 185 million inflows in July 2025, raising cumulative inflows to USD 10.748 billion. The scheme continues to provide overseas Pakistanis with secure investment options while supporting Pakistan’s financial stability.
Why the State Bank Must Resist Pressure to Tinker with Currency and Rates
The State Bank of Pakistan faces pressure to cut rates and appreciate the rupee, but experts warn these conflicting goals could trigger another economic crisis. Analysts say the SBP must maintain independence, keep real rates high, and avoid policy missteps that risk undermining stability.
BankIslami Gets SBP Nod to Launch BIPL Exchange Company
BankIslami secures SBP’s approval to launch BIPL Exchange Company, expanding into Pakistan’s regulated foreign exchange sector with a wholly owned subsidiary.
SBP Boosts Reserves to 39-Month Peak on Robust Inflows and Aggressive Dollar Buying
The State Bank of Pakistan has raised its foreign exchange reserves to their highest level in over three years, supported by record remittances, dollar purchases from the market, and tight control on imports, reinforcing stability signals to investors.
SBP Warns Cutting Remittance Incentives Could Push Billions Back to Informal Channels
The State Bank of Pakistan has cautioned that reducing incentives under the Pakistan Remittance Initiative could divert critical inflows away from formal banking channels, threatening the country’s top source of foreign exchange.