After years thier seems to be a good man in office who is looking at the structural issues of the countryInstead of sanctions, the US is being extra lenient on Pakistan right now vis a vis the IMF renegotiations, which are crucial for continued growth. It's actually surprising how Pakistan has rejected the IMF's demands and proposed alternatives, which the IMF is actually agreeing to for now (this usually never happens, just ask any of the other countries which the IMF has ever lent to.)
Once the US exit is complete and Afghanistan is stable (saving the US from further embarrassment), there is the possibility they will turn the pressure back on, but Pakistan only needs a small window of time in order to accelerate economic growth, which the PTI+Army need to win the next election with enough support so that they can perform a thorough restructuring.
The US also recently requested Pakistan to distance itself from China, which Pakistan flatly rejected in a very bold public statement, causing embarrassment for the US. It was a signal to Washington that our strategic position is strong enough that pressure won't work. This is why Biden is officially distant, but in reality, the US is going with the flow, for now.
His victory is a matter of national security imo
But our economy is too dependent on west rn and I have no doubt we'll get sanctioned for some ridiculous reason in no time
Rock and a hard place, If I am Pak leader I'll try to play nice with both countries
But don't think US would fall for it