A debt trap

This refers to the letter ‘The habit of borrowing’ (June 1) by Raja Shafaatullah. One strongly agrees with the views of the writer. In one of his speeches, Quaid-e-Azam Muhammad Ali Jinnah had said, “Because of our addiction to living beyond means and borrowing money, we lost our sovereignty over this Subcontinent.” Even today, we have no control over our spending habits.

Our debt stands at $116 billion. Can’t we reduce our government expenditure? It seems that our government doesn’t have the will to take the country out of the economic mess. If we continue like this, we will never progress. The writing is on the wall. Will someone take notice of the situation or will we continue to slide towards disaster and anarchy?

Lt Col (r) Aizaz Haider

Lahore