Although the global epidemic coronavirus has reduced human income, the saving trend has increased. Even during this period, consumers have considered savings certificates as the most reliable place to save. As a result, the sale of savings certificates is increasing and the amount of government debt is also increasing. In the first nine months of the current financial year (June-March), savings certificates worth Tk 85,990.15 crore have been sold. Never before in the history of Bangladesh have so many savings certificates been sold in 9 months. March has been the best selling month. This month alone, savings certificates worth Tk 10,762.54 crore have been sold.

Concerned parties say that due to low interest rates on bank deposits, the general public now considers investing in savings certificates to be the most 'safe'. Therefore, investors are leaning towards savings certificates even after fulfilling various conditions. To meet the budget deficit, the government has sold more than the target of borrowing by selling savings certificates in the current financial year.

Sunbd/NJ