Government invests over Rs 930 billion in different public entities
Summary
The government of Nepal has invested over Rs 930 billion in shares and loans across 159 public entities till fiscal year 2024/25, with significant overdue payments recorded.
Key Points
- The government invested Rs 930.88 billion in shares and loans across 159 public corporations and bodies till fiscal year 2024/25.
- Rs 404.81 billion was invested in 116 corporations as shares, with major entities including Nepal Electricity Authority and Nepal Telecom.
- Total loan investment amounted to Rs 526.6 billion, sourced both internally and externally.
- Overdue principal and interest payments have reached a combined Rs 400 billion, impacting entities like Nepal Electricity Authority and Civil Aviation Authority of Nepal.