Pronunciation: [sjˈuːz] (IPA) 
The word "PSUS" may seem unusual, but it follows the pattern of many Greek-derived words in English. Phonetically, it is spelled /ˈsuːs/, with the initial "p" being silent. The "s" sounds like the "s" in "see," while the "u" and "o" combine to create a long "oo" sound. This word likely stems from the Greek "psous," meaning "bare" or "naked." While its spelling may seem daunting, a familiarity with Greek roots can make it easier to decipher.
PSUS stands for Public Sector Undertakings. It refers to entities that are owned and operated by the government in various countries around the world. PSUs are established to perform commercial activities and help contribute to the economic growth and development of the country they are based in. They operate in various sectors such as manufacturing, energy, telecommunications, finance, transportation, and others.
PSUs are typically established through legislation or executive orders and are governed by relevant laws and regulations. They are usually provided with a certain degree of autonomy to operate and make management decisions, but their strategic policies and major decisions are influenced by the government.
The main objectives of PSUs are to promote equitable growth, generate employment opportunities, provide goods and services at reasonable prices, and support the overall development of the nation. They often play a crucial role in sectors that are considered essential for the welfare of the society, such as healthcare, education, and infrastructure.
PSUs are funded by the government through capital investments, debt instruments, or revenue generated from their operations. Some PSUs are listed on stock exchanges and have shares traded publicly, while others remain wholly owned by the government. They are subject to periodic audits and are accountable for their financial performance and adherence to government policies and regulations.
