SBP Governor briefs PM on economic situation Discusses stability in exports and remittances

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Staff Reporter

Islamabad

The State Bank of Pakistan Governor Dr Reza Baqir called on Prime Minister Imran Khan in Islamabad on Thursday. During the meeting, SBP Governor Reza Baqir briefed the premier on overall economic situation of the country besides discussing the stability in exports and remittances besides apprising the future targets.
Baqir also informed Prime Minister Khan regarding the Roshan Digital Accounts in the meeting. Prime Minister Imran Khan had launched the Roshan Digital Account project aimed at providing digital banking facilities to overseas Pakistanis for the first time in the country in September last year.
State Bank of Pakistan with the support of eight major banks in the country launched the Roshan Digital Account project under which Pakistani diaspora could be able to avail the banking facility from a digital payment system and the consumers would be able to open their bank accounts without visiting bank, embassy or consulate.
Under the initiative, the Pakistanis living abroad would be able to operate their accounts without visiting the country and could avail facilities of direct banking, bill payment and other e-commerce facilities. These accounts could also be used for investments in the stock exchange and property within Pakistan. The consumers would also have the option to either open a Pakistan currency or foreign currency account.
Meanwhile, after Billion Tree Tsunami and Billion Honey Projects, the Khyber Pakhtunkhwa (KP) government on Thursday decided to launch Billion Dry Fruits Project.
Well-informed sources said that saplings would be planted to boost the production of the dry fruits under the project. The agriculture department has been directed to launch the Billion Dry Fruits Project soon.
The project will be monitored by Governor KP, Shah Farman. Underlining the importance of the project, Shah Farman said that Billion Dry Fruits Project will increase the income of the people living in the tribal districts of the province and will big revolution.
Last year, Prime Minister Imran Khan had launched the Billion Tree Tsunami Honey Project. Under the project, one million hectares of Pakistan’s forests would produce seven types of honey.

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