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Pakistan: National Savings Announce Launching of Two New Schemes
Source: brecorder.com
Source Date: Sunday, November 07, 2010
Focus: Institution and HR Management
Country: Pakistan
Created: Nov 08, 2010

A two-day 'Directors Conference 2010' of Central Directorate of National Savings was concluded here on Saturday. National Savings Organisation Director General Zafar M. Sheikh chaired the conference and all the regional directors were also presented on the occasion.

While addressing the concluding session of the conference, the Director General said the National Savings has announced launching of two new schemes, including short term saving certificates (to be launched on December 1) and a web-based on-line application for overseas Pakistanis (to be launched in the first quarter of 2011).

He pledged to achieve the target of Rs 248 billion, set for the on-going fiscal year, and automation of the National Savings system. He stressed for improving clientele service. "Certain steps have identified for improving different internal controls," he added. Sheikh said the National Savings is facing the problem of human resources and to overcome it the Federal Finance Departments has sanctioned 1300 new posts, of which 680 would be filled this year and the remaining would be hired next year.
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