Pakistan’s Central Directorate of National Savings (CDNS) has unveiled an ambitious savings target of Rs1.3 trillion for the fiscal year 2025-26, aiming to strengthen the country’s savings culture and diversify investment options for citizens.
Islamic Finance Push Gains Momentum
Alongside traditional savings schemes, the directorate has earmarked Rs50 billion for Islamic finance investments this year. The move aligns with Pakistan’s broader efforts to expand Shariah-compliant financial products, catering to a growing demand for Islamic banking and investment avenues.
Strong Start to the Year
CDNS has already logged Rs150 billion in savings inflows between July 1 and August 20, marking a strong early performance toward its annual goal.
Targets Downscaled After Record Years
The savings target for FY2025-26 is lower than last year’s Rs1.65 trillion goal, reflecting a recalibration after two consecutive years of record-breaking results.
- In FY2023-24, CDNS raised Rs1.742 trillion, surpassing its Rs1.7 trillion target.
- In FY2022-23, it achieved Rs1.6 trillion, exceeding its Rs1.3 trillion goal by Rs200 billion.
This track record highlights steady growth in Pakistan’s savings sector despite economic pressures.
Tech Upgrades to Modernize Services
To make saving more accessible, CDNS is undergoing institutional reforms and rolling out digital initiatives, including ATM installations and other tech-driven services. The upgrades are expected to attract more savers and improve convenience for the directorate’s large customer base, many of whom rely on CDNS for secure, government-backed investment options.
