Government investment in 159 state-owned enterprises and bodies reached Rs 930.88 billion by the end of fiscal year 2024/25, according to the Public Debt Management Office’s annual report. The figure consists of Rs 404.814 billion in equity and Rs 526.66 billion in loans. Despite this large investment, returns remain weak, and unpaid dues have ballooned. Total overdue principal and interest have now reached Rs 408 billion. Additionally, 21 public entities have yet to complete mandatory annual audits—some, such as Nepal Orind Magnesite, have not undergone an audit since 2007/08—reflecting deep-seated issues in financial discipline.
