Public enterprises - SS1 Commerce Past Questions and Answers - page 1

Promoting social welfare

By a board of directors appointed by the government

From government budgets

Sales of goods or services to the public

To attract private investment and expertise

The primary objective of public enterprises is to promote social welfare.

The government allocates funds from its annual budget to support the functioning and development of public enterprises. These funds can be used for capital investments, operational expenses, and infrastructure development. Public enterprises may also borrow money from domestic or international financial institutions, such as banks or development agencies.