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Shehbaz Sharif took the oath on Monday to officially become Pakistan's prime minister for a second time, nearly four weeks after an uncertain national election caused delays in the formation of a coalition government. Sharif, who had return to the top office was the consensus candidate of his party PML-N and Bilawal Bhutto-Zardari led PPP. Assuming the charge, Sharif held his first meeting with his finance team directing them to begin talks with the International Monetary Fund on an Extended Funding Facility. Economists, investors and foreign capitals would now be watching closely for an announcement by Sharif on the cabinet, especially the important finance portfolio. The next finance minister will have to lead tough talks with the IMF to get a new multi-billion-dollar funding agreement.
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