Stories Tagged 'Public enterprises'
Public enterprises have been bedevilled by fickle government policies that change with every change of administration
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Public enterprises are important in certain spheres but are mostly a drain on resources
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The Office of the Auditor General (OAG) has asked the public enterprises that have their accounts unaudited for years to complete the task by mid-February next year.
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Public enterprises spend millions of rupees every year on facilities for board and staff members even as a majority of them are incurring losses.
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Public enterprises (PEs) earned net profits totalling Rs42.67 billion in 2016-17, a growth of 18.5 percent compared to the previous fiscal year which has been attributed to an increase in the number of state-owned companies along with an improvement in their financial position.
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