CDNS Reaches Rs 205 Billion in Annual Savings Target for FY 2024

The Central Directorate of National Savings (CDNS) announced on October 6, 2024, that it has achieved a significant milestone, reaching Rs 205 billion in its annual savings target for the fiscal year 2024. This marks a major accomplishment for the CDNS, which plays a crucial role in promoting savings among the public and offering secure investment opportunities.

The impressive growth in savings comes despite the economic challenges faced by Pakistan, including rising inflation and currency depreciation. The CDNS offers a variety of saving schemes, including the National Savings Certificates and Premium Prize Bonds, which have continued to attract a diverse group of investors. Many people view these schemes as a safer alternative to volatile stock markets and real estate investments.

CDNS officials credit this yearā€™s success to targeted marketing efforts, the introduction of digital services, and the expansion of savings products. With the help of these strategies, CDNS has been able to reach a broader audience, including overseas Pakistanis looking for secure investment options. The organization now aims to build on this momentum to surpass its targets in the coming fiscal years and further strengthen Pakistanā€™s savings culture.

By Web Desk

Managed by the Digital Spartans Pakistan web team. we bring News, Updates, Latest Glamours News, Dramas, Films, Reviews, Breaking News from Pakistan Media Industry.