Pakistan’s public sector enterprises suffocate under mounting PKR 1.7 trillion debt

Pakistan’s public sector enterprises suffocate under mounting PKR 1.7 trillion debt

The Pakistan government’s efforts to reform its public sector enterprises (PSEs) have been marred by persistent challenges, as highlighted by recent fiscal data and international funding initiatives, Dawn reported. Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with … Read more