Government invests over Rs 930 billion in different public entities
Summary
The government has invested Rs 930.88 billion in shares and loans across 159 public corporations and bodies up to fiscal year 2024/25, with significant overdue payments in principal and interest.
Key Points
- The government invested Rs 930.88 billion in shares and loans across 159 public corporations and bodies until fiscal year 2024/25.
- Rs 404.81 billion was invested in shares in 116 corporations, with major investments in Nepal Electricity Authority, Civil Aviation Authority of Nepal, Nepal Telecom, Rastriya Banijya Bank, and Agricultural Development Bank.
- Loans totaling Rs 526.6 billion were given, with Rs 158.18 billion from internal and Rs 367.88 billion from external sources, primarily to entities like Nepal Electricity Authority and Kathmandu Valley Water Supply Management Board.
- There are significant overdue amounts totaling Rs 400.08 billion in principal and interest, indicating weak returns from government investments in these corporations.
