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Started 1 day ago · Updated 1 day ago

Nepal's Public Enterprises: 27 Profitable, 16 Loss-Making as of FY 2081/82

Photo · www.fiscalnepal.com

As of fiscal year 2081/82, Nepal's public enterprises show a mixed financial performance, with 27 out of 45 institutions operating profitably while 16 incurred losses, according to the Economic Survey 2082/83 presented by Finance Minister Dr. Swarnim Wagle. The total government investment in these enterprises has reached NPR 798.56 billion.

  • The number of profitable public enterprises slightly decreased from 28 in the previous fiscal year to 27 in FY 2081/82, while loss-making enterprises increased from 15 to 16.
  • The Government of Nepal's total investment comprises NPR 370.25 billion in equity and NPR 428.31 billion in loans.
  • The Economic Survey 2082/83 also projects Nepal's economy to grow by 3.85% in the current fiscal year.
  • The report indicates a decline in agricultural value-added growth, projected to slow to 1.58% due to adverse weather conditions.
  • Poverty levels have declined to 20.27% and life expectancy has risen to 71.3 years.

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