Government has directed an immediate stop to the long-standing practice where some State-Owned Enterprises (SOEs) pay bonuses to management, board members and staff despite recording financial losses.
The directive forms part of broader efforts to enforce fiscal discipline, improve corporate governance and ensure accountability within the public sector.
Authorities say the move is aimed at aligning incentives with performance, stressing that institutions operating at a loss should not reward themselves at the expense of the state.
The decision follows growing concerns about inefficiencies and financial mismanagement within some SOEs, which continue to depend on government support while failing to deliver profits.
Government has therefore instructed all relevant entities to strictly comply with the new directive, warning that sanctions will be applied to those who violate the policy.
Officials emphasised that the reform is necessary to restore public confidence and ensure that state resources are used responsibly to drive national development.