Savings Certificate Profit Rates to Be Reduced Again from January
The Ministry of Finance has taken an initiative to reduce the profit rates on savings certificates once again starting from January. Once the proposal of the Finance Division under the Ministry of Finance receives approval from the Finance Adviser, the new rates will come into effect. Subsequently, the Internal Resources Division (IRD) will issue an official circular.
Three Win Nobel Prize in Economics This Year
This year, three individuals have been awarded the Nobel Prize in Economics. They are — Joel Mokyr, Philippe Aghion, and Peter Howitt. The Royal Swedish Academy of Sciences announced their names today, Monday, at around 3:45 PM.
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