National Savings

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National Savings

The proportion of public and private savings as a percentage of national income. In simple economic models, the national savings is assumed to be the same as national investment, which is the total amount spent on securities and similar investment vehicles. That is, anything not spent by consumers or the government is assumed to be saved. A high national savings rate indicates lower levels of debt, which is positive. However, in an economy driven by consumer spending, a high savings rate may indicate uncertainty or lack of consumption, which can lead to a slowdown or a recession. That is, low or negative national savings usually indicates excessive borrowing, spending, or both. On the other hand, high national savings may result in slower economic growth, as persons, companies and the government are saving instead of purchasing goods and services.
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References in periodicals archive ?
ISLAMABAD -- The federal government has maintained tax conditions for filers and non-filers with regard to profits on dividend and bank accounts, national saving schemes, capital gains on securities, dividends in cash and other similar receipts.
Mirpur -- Inland Revenue Department of Azad Jammu and Kashmir here Tuesday seized the bank account of National Saving Center Mirpur on the charges of alleged financial mismanagement in payment of withholding tax amount of about Rs.
MIRPUR (AJK) -- Inland Revenue Department of Azad Jammu and Kashmir Tuesday seized the bank account of National Saving Centre Mirpur on the charges of alleged financial mismanagement in payment of withholding tax amount of about Rs65 million for the period of last three years, official sources said.
Pensioners invest the payment of the commuted portion of their gross pension in the National Saving Schemes like Behbood Certificates.
SINCE the last enhancement of profit on the National Saving Schemes to bring on a par with the interest rate, the government increased the interest rate twice and it now stands at 12.5 per cent.
National Saving has announced the results of draw no 78 for a This draw was held in Rawalpindi and issued first and second prize winner.
Tunisian expats are the country's fourth source of hard currency, that is 5 % of the GDP and 20 % of national saving.
Philippines' current account buffer deteriorates further in H1 !-- -- (philstar.com) - September 14, 2018 - 6:42pm MANILA, Philippines The Philippines continued to invest more than what its national saving can finance after posting a wider current account deficit in the first half of the year, adding pressure on the nation's weakening currency.
KARACHI -- Profit rate is likely to be increased by half percent on different national saving schemes.
Gross national saving (% of GPD) 2018 Country Ranks
The net national saving rate - the broadest measure of domestic saving, which includes depreciation-adjusted saving of households, businesses, and the government sector - averaged 10.1% during those two years (1964 and 1981).

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