The Central Directorate of National Savings (CDNS) has mobilized Rs313 billion between July 1 and August 20, achieving its assigned savings mobilization target for the period and signaling continued public confidence in government-backed investment schemes.
National Savings hits Rs313b mobilization mark,eyes on Rs1.53trn annual goal
ISLAMABAD, Aug 31 (APP):The Central Directorate of National Savings (CDNS) has mobilized Rs313 billion between July 1 and August 20, achieving its assigned savings mobilization target for the period and signaling continued public confidence in government-backed investment schemes.
According to official sources, the institution achieved the target during the opening weeks of the new fiscal year, with officials attributing the strong performance to rising investor confidence, improved institutional efficiency and growing demand for secure avenues for savings and financial planning.
Encouraged by the latest performance, CDNS has set an ambitious mobilization target of Rs1.53 trillion for fiscal year 2026-27. The target is intended to strengthen the country’s savings base, broaden investment opportunities and promote financial inclusion by offering accessible and government-backed savings products.
The national savings institution is also placing greater emphasis on Islamic finance, with Shariah-compliant products forming an important part of its strategy to attract a wider pool of investors.
For FY2025-26, CDNS had allocated a target of Rs60 billion for Islamic savings instruments, aimed at expanding Shariah-compliant investment choices and encouraging greater participation in the country’s expanding Islamic finance market.
In FY2024-25, CDNS had set an overall mobilization target of Rs1.65 trillion, including Rs170 billion for Islamic finance investments. The initiative sought to diversify savings options and bring formal investment products within the reach of a larger section of the population.
The institution has maintained a notable mobilization record in recent years. During FY2023-24, CDNS surpassed its Rs1.7 trillion target by mobilizing Rs1.742 trillion. In FY2022-23, it achieved its Rs1.6 trillion target.
Similarly, in FY2021-22, the initial mobilization target of Rs1.3 trillion was revised upward to Rs1.4 trillion following favourable market conditions and stronger resource mobilization.
Officials said the continued growth in mobilization reflected the impact of institutional reforms, improved operational performance and policy measures aimed at making National Savings services more effective and accessible.
They added that these initiatives had helped expand the outreach of National Savings products while strengthening their appeal among citizens seeking secure investment and savings options.
The latest achievement is expected to provide further momentum to the government’s efforts to promote a stronger savings culture and increase participation in formal financial channels.
As CDNS works towards its Rs1.53 trillion FY2026-27 target, greater product diversification, digital transformation and wider availability of Shariah-compliant savings products are expected to remain key priorities in its strategy. “I can also make it more like a Dawn/Business Recorder-style financial news report, with a sharper headline and more concise agency-style wording.”
