The Central Directorate of National Savings (CDNS) on Friday attained the target of issuing Rs160 billion fresh bonds in the current fiscal year 2022-23 from July 1st to August 25, 2022. The Central Directorate of National Savings (CDNS) has set a saving target of Rs1.5 trillion for the current financial year (2022-23) which will promote savings culture in the country, the senior official of CDNS told APP here on Friday. At this time, the current market trend in the country and the ambitious target was set to further improve the savings culture, he said. Replying to a question, he said the CDNS surpassed its annual target in previous fiscal year 2021-22 and set a historic record of Rs1,250 billion savings till June 30, 2022. For the first time in its history, CDNS crossed Rs1,000 billion fresh deposits and achieved the target of Rs1,250 billion by June 30, 2022. The CDNS has attained the target of issuing Rs1,250 billion fresh bonds from July 1, 2021 to June 30, 2022. It had set an annual gross receipt target of Rs980 billion from July 1 to June 30 of the previous fiscal year 2020-21 to promote savings in the country. The senior official said the CDNS had set Rs250 billion annual collection target from July 1 to June 30 for the year 2020-2021 as compared to Rs352 billion for the previous year (2019-20) during the same period to enhance savings in the country. The CDNS had set Rs352 billion annual collection target for the year 2019-20 as compared to Rs350 billion for the previous year (2018-19), he said. Replying to a question, he said the National Directorate of National Savings (CDNS) had reviewed and set a target of Rs60 billion in Fiscal Year (2022-23) for Islamic investment to introduce the new products in the market. In this year 2022-23, CDNS would achieve the investment target of Rs60 billion, he said.