Imran Khan elected new Prime Minister of Pakistan

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Earlier this month, PTI leader Asad Umar, widely tipped to be the country's finance minister, said the government would consider all options to tackle the balance of payments crisis, including approaching the International Monetary Fund, bilateral loans, and issuing bonds to overseas Pakistanis.

Both the leaders agreed that money laundering is a huge issue for the developing economies, adding that Pakistan would desire to receive assistance from the United Kingdom to minimise money laundering.

Answering a question, he said he had brought a Kashmiri shawl as a gift for Khan.

Khan, chief of Pakistan Tehreek-e-Insaaf (PTI) received an impressive 176 votes in the 342 seat lower house of parliament.

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PTI Chairman Imran Khan is contesting against Pakistan Muslim League-Nawaz President Shehbaz Sharif.

Khan told the PML-N leadership that his government would cooperate with them if they chose to take rigging allegations to court and would provide food, water, and containers if they opted to stage demonstrations against his ruling coalition. He said apart from cricket, he had always been impressed by the overall personality of Khan and this was the reason during cricketing days, he always tried to stay close to him. The army and Khan have denied the claims. "You had said that if rigging in 2013 elections would be proven, Nawaz Sharif's government should resign".

"I did not climb on any dictator's shoulders; I reached this place after struggling for 22 years".

Murtaza Abbasi, a PML-N lawmaker, said in parliament Khan was "brought here by aliens", a euphemism for the military.

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Sharif, who was jailed over corruption accusations several weeks before the election, saw his second stint in power ended by a military coup in 1999.

Imran Khan expressed that the people of Pakistan have waited for 70 years for this change to unfold.

China has also provided billions of dollars in loans to shore up Pakistan's foreign currency reserves, which stand at just over $10.1 billion - enough to cover two months of imports.

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