TIPSLIFEHACKS

The recently unveiled Finance Bill 2025 has ignited a significant debate across Pakistan, with policy analysts and youth advocacy groups expressing concerns over its apparent lack of focus on the nation's burgeoning youth population. The bill, intended to outline the government's fiscal strategy for the coming year, has been criticized for failing to incorporate targeted programs and financial incentives specifically designed to support and empower young Pakistanis.

This criticism comes at a crucial time. With over 60% of Pakistan’s population falling within the 15-35 age bracket, the youth represent a demographic powerhouse with immense potential for economic growth and social development. Ignoring their needs and aspirations is not only a missed opportunity but also a potential impediment to the country's overall progress.

Why the Youth Focus Matters

Experts argue that a robust youth-centric strategy is vital for several reasons:

• Economic Growth: Investing in education, skills development, and entrepreneurship among young people can unlock a wave of innovation and productivity, fueling economic expansion.
• Job Creation: Targeted incentives and support for youth-led businesses can generate employment opportunities and reduce unemployment rates, a persistent challenge in Pakistan.
• Social Stability: Providing young people with avenues for advancement and a sense of purpose can contribute to social cohesion and stability.
• Demographic Dividend: Pakistan has the potential to leverage its young population as a 'demographic dividend,' but only if adequate investments are made in their human capital.

What's Missing from the Finance Bill?

Critics highlight the absence of specific provisions in the Finance Bill 2025 that would address key concerns of young Pakistanis. These include:

• Financial Literacy Programs: Initiatives to equip young people with the knowledge and skills to manage their finances effectively.
• Entrepreneurship Support: Grants, mentorship programs, and access to funding for young entrepreneurs.
• Skills Development Initiatives: Training programs aligned with the demands of the modern job market, particularly in emerging sectors like technology and renewable energy.
• Higher Education Accessibility: Measures to make higher education more affordable and accessible to students from disadvantaged backgrounds.

Looking Ahead: A Call for Action

The debate surrounding the Finance Bill 2025 underscores the urgent need for policymakers to prioritize the needs of Pakistan's youth. While the bill may be subject to amendments, it serves as a reminder that a comprehensive and targeted youth strategy is essential for the country's long-term prosperity. Youth advocacy groups are urging the government to reconsider its approach and incorporate measures that will empower the next generation of Pakistani leaders and innovators. The future of Pakistan depends on it.