CDNS targets Rs1.5tr savings in FY27

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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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