A debt trap
June 3, 2021
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?
Today’s outlook: PM heads to Quetta, DRAP approves Pfizer vaccine
Notes from the newsroom SAMAA | Web desk Posted: Jun 1, 2021 | Last Updated: 1 hour ago
Photo: Imran Khan/Facebook
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Here are some of the stories we will be following today (Tuesday):
Prime Minister Imran Khan will visit Quetta and Ziarat. He will visit the residency of Quaid-e-Azam Muhammad Ali Jinnah and the Command and Staff College Quetta. NCOC head Asad Umar has said that Pakistan aims to vaccinate 70 million people by the end of this year. Over 5.2 million people have been inoculated so far. Pakistan will begin coronavirus vaccination of people above 18 years from June 3. In the last 24 hours, over 1,700 new cases were reported, while 71 people died from the deadly virus. Petrol prices across the country will remain the same for the next 15 days. Rain was reported in multiple areas of Lahore Monday night. The Met Office has predicted more rain in the next 12 hours. The Drug