If you listened to Deputy Prime (and former Finance) Minister Ishaq Dar, you might be inclined to believe that all is rosy with Pakistan’s economy, particularly the debt-related part.

That is not true.

Dar has often downplayed concerns about Pakistan’s rising debt, suggesting that it is not in the country’s best interest to “raise a hue and cry” over the issue.

However, Pakistan’s debt servicing costs are consuming an ever-larger share of the national budget, leaving less room for crucial development expenditures.

Watch the full video to know more.