Growing debt burden

Pakistan's growing debt burden has become a serious economic challenge that requires responsible management and long-term planning. Heavy borrowing places pressure on government finances and can reduce the resources available for development and essential public services. When a significant portion of public revenue is spent on debt servicing, fewer resources remain for education, healthcare, infrastructure, employment opportunities and other important sectors. The effects can eventually reach ordinary citizens through higher taxes, rising living costs and fewer economic opportunities. Pakistan needs stronger financial discipline, greater transparency and effective measures to increase revenue without placing an unfair burden on ordinary people. Public money must be spent carefully, while unnecessary expenditure, corruption and financial leakages should be addressed. The government should also focus on strengthening domestic industries, encouraging investment, expanding the tax base and promoting exports. Sustainable economic growth is essential for reducing dependence on borrowing. Reducing the debt burden cannot be achieved through temporary measures. It requires consistent policies, responsible financial management and long-term economic planning. The government must take steps today to protect the country's economic future and prevent future generations from inheriting an even heavier financial burden. Sazain Younus Pasni