Tag Archives: State-owned entities lost Rs1.4 trillion in two fiscal years

ISLAMABAD: The nation’s state-run commercial entities incurred losses amounting to a staggering Rs1.395 trillion over the fiscal years 2021 and 2022, the latest consolidated report by the Ministry of Finance has revealed. This figure is more than twice the size of the Public Sector Development Programme (PSDP), bringing to light significant concerns regarding financial management and operational efficiency in the …

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