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Securing our national security through economic stability

99 0
05.06.2025

The recent hostilities with India highlight why a comprehensive and resilient security framework is crucial for Pakistan — not only to protect our borders but also having a strong economy capable of supporting and protecting its people.

At the core of Pakistan's national security should be economic stability, an area where historically we have fallen short. Our economy faces several significant challenges that leave us vulnerable, both domestically and internationally.

High levels of debt, budget deficits, and energy crises have weakened our economic development. These challenges force us to rely heavily on international loans, making us susceptible to external influences, which limits our ability to act independently, especially in times of conflict.

Currently, Pakistan's external debt has reached concerning levels — approximately 80% of our total economic output. This means we frequently have to borrow more money simply to repay old loans, creating a cycle of financial instability.

Meanwhile, limited tax collection and widespread tax avoidance lead........

© The Express Tribune