Finance Division rejects claims of SOE financial deterioration, cites Rs35.8bn net fiscal inflow
The Finance Division on Wednesday pushed back against media interpretations linking a decline in net fiscal flow to a deterioration in the financial health of State-Owned Enterprises (SOEs), saying the two are “distinct measures” that should not be conflated. In a press release, the ministry said fiscal flows capture transactions between the government and SOEs — including support extended by the…
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