No reinvestment through manually opened NSCs

Savings Department data. The net sales were also Tk 440 crore negative in February.

To meet the budget deficit, the government aims to mobilise Tk 35,000 crore through sales of NSCs in FY23. Moreover, the government cut interest rates on all kinds of savings certificates on September 21, 2021.

In FY2021-22, the total investment in NSCs amounted to Tk 1.08 lakh crore. The government had spent Tk 40,002 crore to pay off interest in the period.