LAHORE:

Pakistan's mounting debt has once again set off alarm bells, with business leaders and industry representatives urging the government to take urgent measures before the burden becomes unmanageable.

According to Lahore Chamber of Commerce and Industry's senior executive committee member Ali Imran Asif, the country's overall debt has surged to 83.6% of gross domestic product (GDP), putting a serious strain on the national economy. He described the situation as deeply worrying, revealing that Pakistan's per capita public debt has now reached Rs318,252, compared to Rs90,047 per person a decade ago.

"This means that every Pakistani today carries more than three times the debt they did 10 years ago. At the current growth rate of around 13% annually, this burden is doubling every six y

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