JAMB - Commerce (2025 - No. 26)
Public enterprises are financed mainly by
commercial banks
the shareholders
the world bank
government grants
Explication
Public enterprises are primarily financed by government grants. These are businesses that are owned and operated by the
government, and their funding comes from the government's budget, which is raised through taxes and other sources of public
revenue.
government, and their funding comes from the government's budget, which is raised through taxes and other sources of public
revenue.