Severe cash flow shortages in State-Owned Companies: President-elect's Office

State-Owned Companies (SOEs) are experiencing severe cash flow shortages, requiring substantial cash injections for the remaining two months of the current fiscal year, as stated by the president-elect's office.

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Transitional Spokesperson Mohamad Firzul: He said that the condition of State-Owned Companies is very poor

Malika Shahid

2023-10-15 14:05:17

State-Owned Companies (SOEs) are experiencing severe cash flow shortages, requiring substantial cash injections for the remaining two months of the current fiscal year, as stated by the president-elect's office.

Transitional Spokesperson Mohamad Firzul said that state-run companies, especially those engaged in government projects, were in poor condition.

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