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Federal Government lowers interest rate on general provident fund for government employees

By News Desk

August 30, 2024 07:18 PM

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The federal government has announced a reduction in the interest rate on the General Provident (GP) Fund for government employees, reported 24NewsHD TV channel on Friday.

The interest rate for the financial year 2023-24 has been set at 13.97%, down from 14.22% in the previous financial year 2022-23.

The Ministry of Finance has officially issued the notification regarding the revised interest rate on the GP Fund.

News Desk

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