FILE: Islamabad, Pakistan - Date Unknown (CCTV - No access Chinese mainland)
1. Various of Pakistan parliament boodling
2. Pakistan prime minister house

Islamabad, Pakistan - Aug 20, 2018 (CCTV - No access Chinese mainland)
3. SOUNDBITE (English) Tahir Malik, head of Department of Politics and International Relations, National University of Modern Languages (partially overlaid with shot 4):
"The economy of Pakistan needs structural reforms. Just by introducing austerity, unless or until the state does [have] a serious economic recovery plan, it remains to be seen if this economic revival is feasible or not."

FILE: Pakistan - Exact Date, Location Unknown (CCTV - No access Chinese mainland)
++SHOT OVERLAYING SOUNDBITE++
4. Street
++SHOT OVERLAYING SOUNDBITE++
5. Various of port, navy ship

Islamabad, Pakistan - Aug 20, 2018 (CCTV - No access Chinese mainland)
6. SOUNDBITE (English) Kamran Yousef, senior political analyst, Express Tribune:
"Any elected prime minister, given Pakistan's domestic issues and challenges, they know that they can't ensure sustainable economic growth until and unless they have a manageable relationship with India. Because if you have tension on your borders, if you have a worsening relationship with India, that certainly derails your domestic agenda."

FILE: Islamabad, Pakistan - Date Unknown (CCTV - No access Chinese mainland)
7. Various of trucks on street, pedestrians

Islamabad, Pakistan - Aug 20, 2018 (CCTV - No access Chinese mainland)
8. SOUNDBITE (English) Tahir Malik, head of Department of Politics and International Relations, National University of Modern Languages:
"The role of leadership is to inspire hope. So I think he is successful in creating the hope and reviving the hope that the people should be cheerful about. So if he fulfills even half of the promises he made in the speech, he would be termed as successful."

FILE: Pakistan - Exact Date, Location Unknown (CCTV - No access Chinese mainland)
9. City skyline

Pakistan's new government led by Prime Minister Imran Khan faces both chances and challenges economically and diplomatically, according to political catalysts in the country.

Prior to the 16 ministers' inauguration on Monday, the newly-elected Khan gave a televised speech Sunday night stating the harsh economic reality the country faces, with debts at an all-time-high.

In the speech, he also promised tax reforms, attracting foreign investment and supportive policies towards small and medium businesses.

The government plans to cut down spending, according to the prime minister.

Analysts say solving the debt and other economic issues remain the biggest challenge for the new administration.

"The economy of Pakistan needs structural reforms. Just by introducing austerity, unless or until the state does [have] a serious economic recovery plan, it remains to be seen if this economic revival is feasible or not," said Tahir Malik, head of the Department of Politics and International Relations at Islamabad's National University of Modern Languages.

The government also faces a puzzle in how to handle relations with India.

"Any elected prime minister, given Pakistan's domestic issues and challenges, they know that they can't ensure sustainable economic growth until and unless they have a manageable relationship with India. Because if you have tension on your borders, if you have a worsening relationship with India, that certainly derails your domestic agenda," said Kamran Yousef, a senior political analyst for Express Tribune.

The Pakistan Tehrik-i-Insaf (PTI) party led by Imran Khan won 152 of the 342 seats in the parliament in the general election in July 25 and became the biggest political party in the country. Analysts say with a new ruling party with no negative baggage, plus Khan's clean and honest political image, the new admiration still gives the public high hopes of change.

"The role of leadership is to inspire hope. So I think he is successful in creating the hope and reviving the hope that the people should be cheerful about. So if he fulfills even half of the promises he made in the speech, he would be termed as successful," said Malik.