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    <title>Aaj TV English News - Pakistan</title>
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    <copyright>Copyright 2026</copyright>
    <pubDate>Tue, 07 Apr 2026 22:04:35 +0500</pubDate>
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      <title>Losses of state-owned enterprises exceed Rs59 trillion, says report</title>
      <link>https://english.aaj.tv/news/330423963/losses-of-state-owned-enterprises-exceed-rs59-trillion-says-report</link>
      <description>&lt;p&gt;&lt;strong&gt;A recent report released under the conditions of the International Monetary Fund (IMF) has painted a grim picture of the financial health of state-owned enterprises.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;According to the report issued by the Ministry of Finance, the cumulative losses of over 15 government-run institutions have exceeded Rs59 trillion.&lt;/p&gt;
&lt;p&gt;The report states that pension-related liabilities have reached Rs17 trillion, while circular debt owed by state institutions has risen to Rs49 trillion.&lt;/p&gt;
&lt;p&gt;The largest share of this debt belongs to the power sector, amounting to Rs24 trillion.&lt;/p&gt;
&lt;p&gt;The data reveals that the National Highway Authority (NHA) has incurred a total loss of Rs1,953 billion.&lt;/p&gt;
&lt;p&gt;The Quetta Electric Supply Company (QESCO) reported losses of Rs58.1 billion over the last six months.&lt;/p&gt;
&lt;p&gt;KESCO recorded losses of Rs770.6 billion, while PESCO reported Rs684.9 billion in losses.&lt;/p&gt;
&lt;p&gt;Similarly, SEPCO recorded a six-month loss of Rs29.6 billion, with total losses amounting to Rs472.99 billion.&lt;/p&gt;
&lt;p&gt;Pakistan Steel Mills suffered a six-month loss of Rs15.6 billion and overall losses of Rs255.82 billion.&lt;/p&gt;
&lt;p&gt;Pakistan Telecommunication Company (PTCL) reported six-month losses of Rs7.19 billion and total losses of Rs43.57 billion.&lt;/p&gt;
&lt;p&gt;The report further reveals that in just the first six months of the last fiscal year, the losses of state-owned enterprises increased by an additional Rs3.45 trillion.&lt;/p&gt;
&lt;p&gt;These figures not only highlight the financial imbalance but also cast serious doubt on the performance of government-run entities.&lt;/p&gt;
&lt;p&gt;Economic experts argue that the data underscores the need for the government to make tough decisions regarding reforms, transparency, and privatisation to ease the burden on the national exchequer.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>A recent report released under the conditions of the International Monetary Fund (IMF) has painted a grim picture of the financial health of state-owned enterprises.</strong></p>
<p>According to the report issued by the Ministry of Finance, the cumulative losses of over 15 government-run institutions have exceeded Rs59 trillion.</p>
<p>The report states that pension-related liabilities have reached Rs17 trillion, while circular debt owed by state institutions has risen to Rs49 trillion.</p>
<p>The largest share of this debt belongs to the power sector, amounting to Rs24 trillion.</p>
<p>The data reveals that the National Highway Authority (NHA) has incurred a total loss of Rs1,953 billion.</p>
<p>The Quetta Electric Supply Company (QESCO) reported losses of Rs58.1 billion over the last six months.</p>
<p>KESCO recorded losses of Rs770.6 billion, while PESCO reported Rs684.9 billion in losses.</p>
<p>Similarly, SEPCO recorded a six-month loss of Rs29.6 billion, with total losses amounting to Rs472.99 billion.</p>
<p>Pakistan Steel Mills suffered a six-month loss of Rs15.6 billion and overall losses of Rs255.82 billion.</p>
<p>Pakistan Telecommunication Company (PTCL) reported six-month losses of Rs7.19 billion and total losses of Rs43.57 billion.</p>
<p>The report further reveals that in just the first six months of the last fiscal year, the losses of state-owned enterprises increased by an additional Rs3.45 trillion.</p>
<p>These figures not only highlight the financial imbalance but also cast serious doubt on the performance of government-run entities.</p>
<p>Economic experts argue that the data underscores the need for the government to make tough decisions regarding reforms, transparency, and privatisation to ease the burden on the national exchequer.</p>
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      <category>Pakistan</category>
      <guid>https://english.aaj.tv/news/330423963</guid>
      <pubDate>Sat, 12 Jul 2025 18:19:10 +0500</pubDate>
      <author>none@none.com (Yasir Nazar)</author>
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