The Bangladesh Bank and the Internal Resources Division are working on readjustment of savings certificate interest rates but that is not happening before the next general election.
Published : 08 Aug 2018, 01:14 AM
Finance Minister AMA Muhith informed the reporters about the decision at a programme in Dhaka on Tuesday.
The interest rates of savings certificates were cut for the last time in 2015 by an average 2 percent to rein in sales.
Muhith had been saying he would cut the rates further as the government borrowing from the savings certificates is rising along with the sales.