Despite substantial government support in the form of loans, subsidies, and extensive investments, the financial health of Public Enterprises remains precarious. Over the last five years, loss-making public enterprises have witnessed an astonishing 6361.5% increase in losses reaching Rs 41.48 billion in 2021/22, while profit-making companies have experienced a 2.4% decrease in profits even as their numbers expand reaching Rs 43 billion in the same year.

WASHINGTON, Dec 17: President Donald Trump supports massive U.S. government spending plans hammered out by Congress this week and plans to sign the $1.4 trillion budget bill into law, White House adviser Kellyanne Conway said on Tuesday.

In one early announcement of this year’s budget on May 30, Finance Minister Yuvraj Khatiwada said that growth target has been set at 8.5 percent for the year and it will ensue from a number of growth inducing schemes introduced with the new budget and will be supported by a record Rs.1.53 trillion spending allocation, which is one third of total economy.

KATHAMNDU, Feb 17: Over Rs 800 billion has been spent out of budget endorsed by parliament over the last three years, putting under question the notion of parliamentary supremacy over government spending, according to a report prepared by the Public Expenditure Review Commission (PERC).