ISLAMABAD: The state-owned enterprises (SOEs) posted earnings of Rs423.3 billion during July-December 2025, while loss-making entities recorded cumulative losses of Rs342.8bn, the Cabinet Committee on State-Owned Enterprises (CCoSOEs) was told on Monday.
The performance showed strong value across several parts of the SOE portfolio, but it also highlights the need for continued corrective action and structural reforms in underperforming entities.
Finance Minister Muhammad Aurangzeb chaired the CCoSOEs meeting, which reviewed the bi-annual performance of federal SOEs. Minister for Maritime Affairs Junaid Anwar Chaudhry also attended.
An official announcement said the committee was informed that government support to SOEs amounted to Rs804bn, while SOE contributions to the government stood at Rs839bn, resulting in a positive net fiscal flow of Rs35bn in favour of the government during the period.
Loss-making state-owned enterprises incur Rs342.8bn losses
The committee noted that improving commercial performance, strengthening financial discipline and progressively reducing dependence on public support remain central objectives of the government’s SOE reform agenda.
The review also identified areas requiring sustained attention, including circular debt and other fiscal risks, operational weaknesses in parts of the power and infrastructure sectors, corporate governance gaps and the need for stronger board effectiveness and accountability.
The committee emphasised continued implementation of approved business plans, measurable performance targets, improved operational efficiency and timely corrective action in underperforming entities.
As part of the government’s emphasis on greater transparency and data-driven governance, the committee was also given a demonstration of the Central Monitoring Unit’s (CMU) integrated digital reporting and analytics platform for SOEs.
The platform centralises SOE data and enables standardised reporting, digital dashboards and deeper financial and operational analytics, strengthening the government’s ability to monitor performance, identify emerging risks and assess entities against agreed targets.
Published in Dawn, September 15th, 2026
