KARACHI:The Government and SBP refute baseless claimed circulating on social media that there was possibility of imposing restrictions on Foreign Currency Accounts, Roshan Digital Accounts and Safety Deposit Lockers.
Government of Pakistan and State Bank of Pakistan, in a joint statement here on Monday, assured all account holders of FCA, RDA and Safety Deposit Lockers in banks in Pakistan that their accounts and lockers were completely safe, and that there was no proposal under consideration to put any restriction on them.
“Rumours are circulating on social media that the Government or State Bank is considering freezing or placing restrictions on withdrawals from Foreign Currency Accounts, Roshan Digital Accounts and Safety Deposit Lockers. Such rumours are absolutely incorrect and baseless,” the statement said. It was clarified that such a proposal has neither been considered presently nor in the past. Moreover, foreign currency accounts including Roshan Digital Accounts were legally protected under the Foreign Currency Accounts (Protection) Ordinance 2001, and the Government and the State Bank are committed to protecting all the financial assets in Pakistan including the ones mentioned above.
The Government and State Bank were taking all necessary measures to ensure macroeconomic stability in the country. The recent difficult decisions taken by the Government, including the reduction of subsidy on petroleum products, would pave the way to reach an agreement with the IMF and release of the IMF tranche and financial assistance from other multilateral agencies and friendly countries.