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PM Imran inaugurates Sohni Dharti Remittance Program for overseas Pakistanis

PM Imran inaugurates Sohni Dharti Remittance Program for overseas Pakistanis

ISLAMABAD: Prime Minister Imran Khan inaugurated the Sohni Dharti Remittance Program (SDRP) an innovative program designed to incentivize Pakistani workers abroad to send remittances to Pakistan through banks and exchange companies and earn reward points.

The initiative is offered jointly by the State Bank of Pakistan, Ministry of Finance and financial institutions today at the Prime Minister House in Islamabad.

The reward points could then be used to avail different benefits offered by partner organizations. SDRP can be accessed conveniently from anywhere in the world through a mobile application.

In his address, the premier thanked overseas Pakistanis for posing confidence in the bright future of their homeland by sending record high remittances of over $29 billion in last fiscal year FY21 and continuing the trend in FY22.

He noted that the government has always encouraged and appreciated the efforts of Overseas Pakistanis through various initiatives and programs. He especially mentioned the incentives like making remittances transfer free of cost, providing free airtime for remittances received through mobile wallets and covering marketing cost of remittance service providers.

He also congratulated State Bank of Pakistan (SBP), Ministry of Finance (MoF), financial institutions, participating public sector entities(PSEs) and all other stakeholders as without their efforts the launch of this remittance incentive program would not have been possible.

He termed the launch of SDRP as a tribute to the Pakistani workers abroad who have been contributing in the development of the country through sending their hard-earned money back to Pakistan. He also appreciated the concept of giving incentives through a digital application for sending remittances via official channels.