Playing With Fate.

PTI's decision to freeze fuel prices till the next finance budget was an irresponsible act to gain political mileage by embarking on a populist course to get short term political mileage. Pakistan today faces an acute economic crisis, dwindling forex reserves and the possibility of default. PTI alone cannot be held responsible for the economic indiscipline that infects the country.

It is the responsibility of every constitutionally elected government to realize the implications of signing agreements with international financial institutions like IMF and the negative impacts that ensue when any state chooses to unilaterally violate these. Pakistan has been embroiled in an economic crunch for many decades, because it has failed to keep a balance between expenses and revenues, so vital for financial discipline. There are too many subsidies and amnesty schemes for non-employment generating investments such as...