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Cut in National Savings Scheme rates

Letter August 27, 2012
Reduction in the profit rates for the scheme will definitely pave the way for their early retirement from this world.

KARACHI: With inflation at its peak and the economy on the verge of collapse, the National Savings Schemes (NSS) remains the only safe option for retired people to make ends meet. However, the reduction in the profit rates for the scheme will definitely pave the way for their early retirement from this world. I can only pray to the Almighty to give some sense to our policymakers and hope that they reverse the decision of reducing the NSS profits rates.

Aman Ahmad


Published in The Express Tribune, August 28th, 2012.