The Central Directorate of National Savings (CDNS) has obtained Rs 950 billion in savings inflows from July 1st to March, 13th of the current fiscal year 2025-26, achieving over 78 Percent its annual target and reflecting steady progress in promoting a savings culture in the country.<\/p>\n
According to officials, the CDNS has set an overall savings inflows target of Rs1.3 trillion for FY 2025-26.
\nThe inflows recorded so far indicate encouraging public participation in national savings schemes during the first half of the fiscal year.<\/p>\n
Similarly, the CDNS has fixed a target of Rs50 billion for investments in Islamic savings instruments during the current fiscal year to support the growth of the Islamic economy, a senior CDNS official told APP on Thursday.<\/p>\n
Sharing details of previous performance, the official said National Savings had set an annual target of Rs1.65 trillion for FY 2024-25, alongside a Rs170 billion target for Islamic finance investments, both aimed at strengthening the savings culture and expanding Shariah-compliant financial options.<\/p>\n
In response to a question, he said the CDNS realised Rs1.742 trillion in fresh bonds during FY 2023-24, surpassing 100 per cent of the annual target. National Savings had set a target of Rs1.7 trillion for that year, and exceeding it was an encouraging sign of public confidence.<\/p>\n
The CDNS had also achieved its target of Rs1.6 trillion in fresh bonds in FY 2022-23, which was Rs200 billion higher than the Rs1.3 trillion target set for FY 2021-22. The savings target for FY 2021-22 was later reviewed upward to Rs1.4 trillion in view of market trends and the objective of further improving the national savings culture.<\/p>\n
The official said institutional reforms were underway in the CDNS, with new initiatives, innovations, and policy measures being introduced to enhance efficiency and expand outreach across the country.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Central Directorate of National Savings (CDNS) has obtained Rs 950 billion in savings inflows from July 1st to March, 13th of the current fiscal year 2025-26, achieving over 78 Percent its annual target and reflecting steady progress in promoting a savings culture in the country. According to officials, the CDNS has set an overall …<\/p>\n","protected":false},"author":4,"featured_media":88662,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-95148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/95148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=95148"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/95148\/revisions"}],"predecessor-version":[{"id":95169,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/95148\/revisions\/95169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/88662"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=95148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=95148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=95148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}