SOEs in Pakistan face Rs1.4tr loss over two years

A consolidated report released by the Ministry of Finance reveals that state-run commercial entities in Pakistan incurred staggering losses amounting to Rs1.395 trillion over the fiscal years 2021 and 2022.

The report, titled ‘Federal Footprint State-Owned Enterprises (SOEs) Consolidated Report FY2020-22,’ raises concerns about financial management and operational efficiency in the public…

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News Source: profit.pakistantoday.com.pk