Govt. invests Rs2,560bn in various saving schemes: NA told

26 Mar, 2014

ISLAMABAD: The government had invested Rs2560 billion in different National Saving Schemes (NSSs) till January 31, Rana Muhammad Afzal Khan apprised the Lower House on Wednesday.

To a query raised by Nighat Parveen Mir, he said that the government had taken a number of adequate measures for the improvement in saving schemes.

According to the detail, the government had launched the Prize Bonds of Rs25,000 denomination, Short Term Savings Certificate (STSCs) and Student Welfare Prize Bonds (SWPB) worth of Rs100.

Model Branches had established to facilitate senior citizens and female investors in Islamabad, Peshawar, Lahore, Karachi and Quetta and moreover, the proposal of payment of profit to investors of saving schemes through ATM was in process, Rana maintained.

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