I AM a senior citizen who has seen 85 summers. I am also the holder of Bahbood Savings Scheme certificates, which I purchased about a year ago.

However, I regret to say that the profit that I am paid on these certificates works out to be around 7.8 per cent before taxes.

I want to ask the authorities how they expect this rate of profit to better the life of a pensioner who is aged 85 plus.

I request the finance minister to direct the National Savings Directorate to increase the profit rates for senior citizens on savings schemes.

Lala Fazal Ahmed Belaee

Karachi

Published in Dawn, March 17th, 2018