Tag Archives: Stop funding loss-making SoEs: WB

ISLAMABAD: Reducing losses and improving the financial viability of State-owned Enterprises (SoEs), a new World Bank report has suggested to the government to reduce or eliminate the longstanding practice of covering SoEs operating losses with transfers from the budget. With the government’s direct financial support to the 14 largest loss-making SOEs at 0.8 per cent and support to all SoEs …

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