Extreme of anything is hazardous.

Debt taken as a short term remedy is useful only in case of parallel long term planing. but in countries like Pakistan this option is used or saying more appropriately abused for vested interests with no parallel long term planing. Every new govt seeks for a plan which can sustain for five years(a normal tenure) and provides more for kickbacks. as a suggestion i think if a tenure of regime increases to ten years then only the responsible would think of long term planing.

in present conditions being at hands of poppycock politicians and their retinues, foreign debt which otherwise could help boost our economy has become curse.

__________________
And Allah Knows, while you know not. (Al-Quran)