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Rs616 billion spent to keep struggling state enterprises afloat

The government of Pakistan provided a massive Rs616 billion in financial support to loss-making state-owned enterprises (SOEs) during the first half of the 2024–25 fiscal year, according to the Ministry of Finance. This amount included Rs113 billion in grants, Rs333 billion in subsidies—mostly for the power sector—Rs92 billion in loans, and Rs77.5 billion in equity […]


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