Latest Central Monitoring Unit News & Updates

New Delhi, Feb 18 (IANS) Plagued by chronic losses and mounting debt, Pakistan’s state-owned enterprises (SOEs) have for years drained public funds that could have been spent on sectors such as healthcare and education, with frequent equity injections, subsidies, loans and sovereign guarantees reducing the pressure on these entities to fix their inefficiencies and instead of reform, the outcome has been a growing pile of liabilities, a Pakistani media article said.Poor political will, coupled …