Pakistan’s two major family-led parties have formed a coalition to establish a government, positioning Shehbaz Sharif as the PM and nominating Asif Zardari as President. This agreement resolves the political deadlock following the Feb. 8 election, where Imran Khan’s party failed to secure a majority. The focus for investors now turns to cabinet formation as Pakistan seeks to negotiate a new deal with the IMF with its current nine-month bailout program set to expire in April.