ISLAMABAD, January 8: The Central Directorate of National Savings (CDNS) has collected Rs135 billion savings as against the proportionate target of Rs151 billion till December 31, during the current fiscal year (2015-16).
An official of the CDNS said here on Friday, the estimated target of the national savings for the year 2015-16 has been set for Rs 302 billion.
Likewise, he said during the first quarter of current fiscal year, the CDNC collected Rs 82 billion as against the proportionate target of Rs 66 billion.
The official said that the federal government has also started making adjustments in the profit rates on new saving schemes from December 1, 2015.
The Central Directorate of National Savings (CDNS) investment bonds profit rates has determined by Pakistan Investment Board (PIB), which was linked according to the policy rates of State Bank of Pakistan (SBP).
National Savings collected Rs 135bln in Q2 of current fiscal year
Echoes of the Heart
Kazakh President satisfied with results of talks with Putin
Kazakh President Kassym-Jomart Tokayev signified satisfaction following the lengthy face-to-face talks with President of Russia Vladimir Putin in Sochi, the Facebook account of the President’s press secretary Ruslan Zheldibay reads. During the talks the parties debated a wide range of issues concerning trade and economic, investment, humanitarian cooperation, cooperation of the two nations in the […]Read More »