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Pakistan’s state-owned entities worst in South Asia, witnessing gigantic losses: Report

Islamabad [Pakistan], April 23 (ANI): Pakistan’s state-owned entities (SOEs) are the worst in South Asia and their combined losses increasing faster than assets, Dawn reported. The development causes a significant annual drain on scarce public resources and poses a substantial risk to the sovereign.
On an annual basis, Pakistan’s state-owned entities together received over Pakistani Rupees (PKR) 458 billion in public fund