Populist Initiatives.

While Pakistan is struggling with economic disparity and price hikes, instead of a proper relief plan for the public, the federal government has announced 15 mega initiatives under the Prime Minister's Youth Development Package. This is an Rs150 billion-dollar endeavour and while opportunities should be provided to facilitate skill development and employment for young people, the timing of the initiative is questionable.

At this point, the possibility of default is becoming more certain by...