One and a half percent reduction in interest rate on national savings schemes was announced.
The National Savings Center has issued new interest rates on three different schemes, the interest rate on savings accounts has been reduced by one and a half percent to 19 percent.
It was announced that the interest rate on short-term savings certificates was reduced by 1.34% to 17.90%, and the profit rate on Sarwa Islamic Savings Accounts was reduced by one and a half percent to 19%.
Interest rates on all other national savings schemes have been maintained, experts say that the decline in interest rates is an indication of further decline in interest rates in the upcoming monetary policy.
