Shehbaz Sharif has been re-elected as Pakistan’s PM, leading a coalition that excludes Imran Khan’s party, with 201 votes in the National Assembly. His re-election is pivotal as Pakistan seeks to finalize a new IMF deal, with the current USD 6 bln program ending in April. Meanwhile, Pakistan’s inflation rate slightly dropped to 23.06% YoY in February, continuing its decline due to reduced commodity and food prices, offering some relief despite ongoing high inflationary pressures.