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The Rising Nepal | Nepal's First English Broadsheet Daily. ICT Frame | Tech News, Reviews & Digital Updates from Nepal
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Started 4 hours ago · Updated 3 hours ago

Government Investment in Public Enterprises Nears Rs. 800 Billion Amidst Declining Dividends

Photo · risingnepaldaily.com

Government investment in public enterprises (PEs) has reached nearly Rs. 800 billion for the fiscal year 2024/25, marking a 13.44% increase from the previous year. Despite this growth, dividends have continued to decline, although the net profit of PEs saw a 12.03% increase to Rs. 45.08 billion in the same period. Finance Minister Dr. Swarnim Wagle presented the annual report on Public Enterprises in the House of Representatives.

  • Total government investment in PEs reached Rs. 798.56 billion, comprising Rs. 370.25 billion in shares and Rs. 428.31 billion in loans.
  • The total assets of public enterprises increased by 9.49% to Rs. 3,206.91 billion, equivalent to over 50% of Nepal's GDP.
  • Out of 45 operating public enterprises, 27 are profitable, 16 are running at a loss, and two have been closed.
  • In the previous fiscal year, net profit had declined by 12.88% to Rs. 42.62 billion.

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Ministry of Industry, Commerce and Supplies Ministry of Forests and Environment Ministry of Finance Swarnim Wagle Ministry of Agriculture and Livestock Development Ministry of Physical Infrastructure and Transport

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