The Central Directorate of National Savings (CDNS) has set an annual savings target of Rs1.3 trillion for Fiscal Year 2025-26 to encourage a savings culture in Pakistan.
APP reported, citing a senior CDNS official as saying that the directorate has also set a target of Rs50 billion for investments in Islamic finance during the current fiscal year, aiming to support the growth of the Islamic economy.
The official said that in the first month of the fiscal year, from July 1 to August 20, 2025, the CDNS recorded Rs150 billion in savings inflows, achieving a strong start toward its annual goal.
He added that in the previous fiscal year 2024-25, the CDNS had set a savings target of Rs1.65 trillion and an Islamic investment target of Rs170 billion.
In Fiscal Year 2023-24, the CDNS surpassed its annual target by raising Rs1.742 trillion in fresh bonds, exceeding 100 per cent of its Rs1.7 trillion goal. The authority had also achieved its target of Rs1.6 trillion in fresh bonds in FY2022-23, which was Rs200 billion higher than the Rs1.3 trillion target set for FY2021-22.
The official noted that CDNS is undergoing institutional reforms and introducing new innovations, including Automated Teller Machines (ATMs), to provide greater facilities for its customers.
