What are the new conditions for purchase of savings certificates?

Many people, including the retired ones and the lower middle-income groups, bear their family expenses with the interest income of savings certificates.

But the government has recently added some conditions to the rules for purchase of savings instruments, which, according to experts, will leave a negative impact on the general mass.

The sales of the certificates also declined by 21 per cent year-on-year in the first five months of the current fiscal year.

What are the new conditions for purchase of savings certificates? How will the new rules affect the lives of the general mass?

In today's Straight from Star Newsroom, Ahsan Habib discusses the issue with The Daily Star Reporter Rejaul Karim Byron.