By Mushfiq Ahmad
KARACHI: Investment in national savings schemes (NSS) saw a big jump during January thanks to increase in interest rates on different products effected by the government in December.
According to official figures, the government managed to raise Rs 25.96 billion in January, which is the highest amount raised in a month during the current financial year. The previous highest amount was Rs 11.79 billion in October. Total government borrowing through national savings schemes stood at Rs 74.98 billion and the government looks set to achieve its target of raising Rs 150 billion set for the full year.
Read More »Big jump in Pakistan National savings (NSS) investments