CDNS hits 97% of savings target in eleven months
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
The Central Directorate of National Savings (CDNS) mobilized Rs1.32 trillion in investments during the first eleven months of FY2025-26, reaching 97.1% of its annual target of Rs1.36 trillion.
The directorate collected the amount between July 1, 2025 and June 5, 2026, with officials attributing the robust inflows to growing investor trust in national savings instruments and a rising tendency among citizens toward secure, long-term financial planning.
To diversify its portfolio, CDNS has allocated Rs50 billion for Islamic savings instruments during the current fiscal year, aimed at promoting Shariah-compliant investment avenues and supporting the growth of Pakistan’s Islamic finance sector, APP reported.
The directorate had set an ambitious target of Rs1.65tr for FY2024-25, including Rs170bn earmarked for Islamic finance, as part of broader efforts to enhance financial inclusion and expand investment opportunities.
CDNS has maintained strong mobilization performance in recent years.
It exceeded its Rs1.7tr target in FY2023-24 by collecting Rs1.742tr and met its full Rs1.6tr target in FY2022-23.
In FY2021-22, its initial target of Rs1.3tr was revised upward to Rs1.4tr following favorable market conditions.
Sustained growth has been driven by institutional reforms, improved operational efficiency and policy measures that have broadened the outreach of CDNS services nationwide.
Reference Link:- https://mettisglobal.news/CDNS-hits-97-of-savings-target-in-eleven-months-60909
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
