Unfortunately, the incumbent government’s policies have shattered the confidence of investors in Pakistan as they are mandated to show their sources of saving funds when investing in national saving schemes. It is disturbing that retirees and widowers, depositing their hard-earned money to get monthly profits to make ends meet, face such trouble to buy different saving certificates. Normally, the money comes from the lump-sum amount received by retirees at retirement.
The government needs to revisit the SOPs pertaining to these schemes and should waive off the condition of the provision of the source of funds on the purchase of saving certificates.
Engr Asim Nawab
Islamabad
Once PIA was considered to be the best airline in the world. Now, due to political interference, the national airline...
In August 2022, unprecedented rainfall and glacial melt in the Himalayas led to the worst floods in our history. A...
Recently, my wife wanted to invest some money with National Savings, by purchasing a short term certificate with a one...
Unfortunately, Lahore has been declared the world’s most polluted city. Rapid industrialization, vehicular...
While the use of cryptocurrency is still relatively new in the country, it has gained a lot of interest among the...
In my opinion, unemployment in Pakistan remains a pressing issue that demands urgent attention. The country’s high...
