FridayOL

Pakistan's Finance Bill 2025 is sparking considerable debate and criticism, with policy analysts and youth advocacy groups raising concerns that it overlooks the needs and potential of the nation's burgeoning youth population. Despite representing over 60% of Pakistan's demographic, the bill is being accused of lacking dedicated programmes and fiscal incentives specifically designed to support young people.

The criticism centres on the perceived absence of targeted initiatives addressing key challenges faced by Pakistani youth, including unemployment, access to quality education, skill development, and entrepreneurship. Many argue that investing in youth is not just a social imperative but also a crucial economic strategy for Pakistan's future growth and stability. A vibrant and skilled youth workforce is essential for driving innovation, boosting productivity, and competing in the global economy.

“It’s deeply disappointing to see the Finance Bill 2025 largely ignore the youth demographic,” stated Sarah Khan, a leading youth advocate. “We need policies that empower young people to reach their full potential, create jobs, and contribute meaningfully to the country’s development. This bill feels like a missed opportunity.”

Specific Areas of Concern:

• Unemployment: A significant portion of Pakistani youth are unemployed or underemployed. Critics argue the bill fails to provide sufficient incentives for businesses to hire young graduates or support youth-led startups.
• Education & Skills: The bill lacks substantial investment in improving the quality of education and vocational training, leaving many young people ill-equipped for the demands of the modern workforce.
• Entrepreneurship: There's a perceived lack of support for young entrepreneurs, including access to funding, mentorship, and business development resources.
• Financial Inclusion: Limited access to financial services hinders the ability of young people to save, invest, and start businesses.

The Economic Argument:

Experts highlight that neglecting the youth demographic carries significant long-term economic consequences. A large, disengaged youth population can lead to social unrest, reduced economic productivity, and increased dependency on social welfare programmes. Conversely, investing in youth can unlock a demographic dividend, driving economic growth and prosperity.

Moving Forward:

While the Finance Bill 2025 has already been presented, analysts are urging the government to reconsider and incorporate youth-centric measures in subsequent revisions or supplementary budgets. They emphasize the need for greater consultation with youth representatives and stakeholders to ensure that policies are relevant, effective, and responsive to the needs of young Pakistanis. The future of Pakistan hinges on the success of its youth, and policymakers must prioritize their development and empowerment.

The debate surrounding the Finance Bill 2025 underscores a broader challenge facing Pakistan: the need to create a more inclusive and equitable society that provides opportunities for all citizens, particularly the nation's young people.