CDNS targets Rs1.5tr savings in FY27
MG News | July 09, 2026 at 05:16 PM GMT+05:00
July 09, 2026 (MLN): Central Directorate of National
Savings (CDNS) has set a savings mobilisation target of Rs1.5 trillion for
fiscal year 2026-27, building on strong public confidence in government-backed
savings schemes and aiming to further strengthen the country's savings culture
and expand financial inclusion.
The fresh target comes after CDNS
fully achieved its annual savings mobilisation goal for FY2025-26, mobilizing
Rs1.384 trillion between July 1, 2025, and June 30, 2026, APP reported.
The milestone reflects sustained
public trust in National Savings products despite evolving economic conditions
and increasing competition from other financial institutions, they added.
The directorate remains committed to
encouraging household savings, widening the investor base, and providing safe
investment avenues that contribute to national resource mobilisation.
The institution continues to play a
vital role in supporting the government's domestic borrowing programme while
promoting long-term financial planning among citizens, the official noted.
As part of its strategy to diversify
investment products, CDNS allocated Rs60 billion for Islamic savings
instruments during FY2025-26.
The initiative is aimed at expanding
access to Shariah-compliant investment opportunities and supporting the
continued development of Pakistan's growing Islamic finance industry.
The directorate has demonstrated
consistent growth in savings mobilisation over the past several years.
During FY2023-24, CDNS surpassed its
annual target by collecting Rs1.742 trillion against a target of Rs1.7
trillion. It also successfully achieved its Rs1.6 trillion savings target in
FY2022-23.
Similarly, in FY2021-22, the
organisation's initial savings target of Rs1.3 trillion was revised upward to
Rs1.4 trillion in view of improved market conditions and stronger-than-expected
resource mobilisation.
The directorate's sustained
performance is attributed to a combination of institutional reforms, improved
operational efficiency, digital transformation, and customer-focused
initiatives that have enhanced accessibility and service delivery across the
National Savings network.
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