Kathmandu. The condition of state-owned public enterprises is still deplorable.
The Ministry of Finance has released the current fiscal year 2082. This is what the Economic Survey report of 83 has shown. According to the report, out of a total of 45 public enterprises, only 27 are profitable.
Similarly, 16 institutions are in loss and two are closed. Last year, 28 public enterprises were profitable, while 15 were making losses and two were closed.
As of Ashad 2082, the government had invested Rs 370.25 billion in public institutions and Rs 428.31 billion respectively.
