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Karachi [Pakistan], July 8 (ANI): The Pakistani government’s efforts to reform its public sector enterprises (PSEs) have been marred by persistent challenges, as highlighted by recent fiscal data and international funding initiatives, Dawn reported. Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs 43 billion in the fiscal year 2024. Economic priorities underscore the urgency of privatising PSEs to alleviate the strain on the national budget, a cruci…

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