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Roshan Digital Accounts attract $480m: SBP - Newspaper


KARACHI: State Bank Governor Dr Reza Baqir is addressing the launching ceremony of Roshan Digital Account by a private bank on Friday. APP
KARACHI: State Bank of Pakistan Governor Dr Reza Baqir said on Friday that so far the country has received over $480 million in Roshan Digital Accounts (RDAs) from overseas Pakistanis.
Addressing as the chief guest at a launch event of HabibMetro Roshan Digital Account, he said accounts under RDA initiative were opened in 97 countries while most of the inflows were investments in Naya Pakis­tan Certificates (NPCs).
“Over $300m has been invested in NPCs,” said the governor, adding that the country is not only attracting investments from Pakistani expatriates, but these RDAs will also become a more consistent, reliable and long-term source of foreign exchange. ....

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LHC stays Ravi project till EIA report approval


LHC stays Ravi project till EIA report approval
Dawn
03/01/2021
[email protected] (Wajih Ahmad Sheikh)
LAHORE: The Lahore High Court (LHC) has stay­ed work on the Ravi Riv­­erfront Urban Develop­ment Project till the app­roval of its Environ­mental Impact Assessment (EIA) report, besides asking the government to file compliance report with regard to meeting environmental sta­n­dards in the Naya Pakistan Housing Project (NPHP).
Justice Shahid Karim in a verdict released on Satur­day about the Dec 31 hearing of multiple petitions involving different environmental issues said since the process for the grant of EIA of the urban development project was under way, it was directed that no work should be commenced at the site by [Ravi Urban Deve­lop­ment Authority (Ruda)] until the approvals were granted by the Environ­mental Protection Depart­ment (EPD). ....

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