2024-06-25 10:26:21
(Waqas Azim) The losses of presidency establishments have reached 905 billion, the report of the monetary losses of federal state-owned establishments has been launched.
In keeping with the report, the losses of presidency establishments reached 905 billion, the losses of presidency establishments in 2021-22 have been 703 billion rupees, the losses of presidency establishments elevated by 23 % within the monetary 12 months 2022-23, the possession of property of presidency establishments. 35 thousand 218 billion rupees, the liabilities of presidency enterprises reached 29 thousand 721 billion rupees.
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The report additional acknowledged that there have been losses of 304 billion within the power sector, the federal government gave monetary help of 1021 billion rupees to many establishments together with power, grants of 223 billion rupees to authorities establishments, subsidies of 403 billion rupees got to authorities establishments. 128 billion rupees mortgage and 267 billion rupees fairness was given, 759 billion rupees have been spent on power sector together with distribution firms, losses of railways, NHA exceeded 5 thousand 595 billion in 10 years.
Within the report on the issues arising from deficits, it was acknowledged that because of the deficit, the circulating debt exceeded 4 thousand billion rupees, final monetary 12 months some authorities establishments additionally earned 703 billion revenue, on account of which the online loss was 202 billion rupees. got here to the extent of, the ebook worth of the property of the general public establishments was 35 thousand 218 billion rupees, the liabilities of the general public establishments elevated by 20 % and recorded 29 thousand 721 billion.
2024-06-25 10:26:21