Sunday, November 7, 2010

A credit card for Government employees before Christmas

The Government has planned to introduce a special credit card for Government employees. This programme will be implemented under the mediation of the Cooperatives and Internal Trade Ministry. The Ministry said that the decision to give this relief to Government employees had been taken with the objective of bringing down the cost of living. It has been planned to introduce this credit card before Christmas. The Cooperative and Internal Trade Ministry said that owners of this credit card would be given a 52-day grace period for interest-free purchases. While steps will be taken to fix a small interest ratio it will be made known in the future. A specialty of this is the possibility for the Government employee or his or spouse to use this credit card. The Government's attention has been drawn to extend this credit card facility to Government pensioners and members of recognised Government organisations as well in the future.

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