Tag Archives: Loss-making state enterprises borrow record Rs330bn

KARACHI: The loss-making public sector enterprises (PSEs) borrowed 36 per cent more from the banks in the outgoing fiscal year over the preceding year. The State Bank of Pakistan (SBP) latest report shows that the banks’ lending to the PSEs jumped to Rs329.7 billion in 2018-19, which was a record borrowing in a single year. In FY18 it was Rs245bn …

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