Latest The Tribune Express News & Updates

Pakistan State-Owned Enterprises Face 300% Surge in Losses, Report Reveals

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New Delhi, Jan 12 (IANS) Facing a severe economic crunch in the absence of political will, net losses of state-owned enterprises (SOEs) in Pakistan surged by 300 per cent, while taxpayer-funded fiscal support surged to Rs 2.1 trillion (local currency), according to a new report.The Tribune Express writes in an Editorial that the “headline numbers are troubling”.“Aggregate SOE revenues fell by Rs 1.4 trillion to Rs 12.4 trillion in FY25, while overall net losses widened sharply to Rs 122.9 …