As Shehbaz Sharif gears up for his second term as Pakistan's Prime Minister, expectations run high, and challenges loom even larger. With a reputation for flexibility, he's seen as a figure who can bring relief to both the establishment and his coalition partners.

However, the road ahead is paved with critical decisions, especially as Pakistan faces near economic stagnation and pressure from the International Monetary Fund (IMF) to implement key reforms, which aim to further tighten belt, enhance revenues and further curtail already meagre development expenditures.

The dual challenge of managing a fragile coalition, characterised by diverse interests and ideologies, and confronting a vocal opposition, notably Imran Khan's PTI-backed members, adds complexity to Sharif's task.

The need to revitalise a struggling economy demands decisive actions, from driving investments to boosting exports and fostering trade.

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