An International Monetary Fund (IMF) mission is arriving in Pakistan on Wednesday for a second and last review of a $3 billion standby arrangement, two sources said.
The four-day review begins on Thursday, said the two finance ministry officials, who were speaking on condition of anonymity because they were not authorised to disclose the information.
Islamabad secured the last-gasped rescue package last summer to avert a sovereign default.
The last review, if successful, will release a tranche of around $1.1 billion.
Prime Minister Shehbaz Sharif has already directed his finance team, headed by newly installed Finance Minister Muhammad Aurangzeb to initiate work on seeking an Extended Fund Facility (EFF) after the standby arrangement expires on April 11.
Aurangzeb told reporters that the team was arriving this week, without mentioning a date, according to the Dawn daily.
The lender has said it will formulate a medium-term programme if Islamabad applies for one.
The UAE and Malaysia on Monday signed a Memorandum of Understanding (MoU) to support joint investment in artificial intelligence (AI), as part of Malaysia Madani Artificial Intelligence (MMAI) initiative.
Content creator Simon Squibb from the United Kingdom was awarded the "One Billion Award," valued at $1 million, as the 1 Billion Followers Summit came to a close on Monday.
UAE-based Creators HQ has partnered with social media platform X, launching a competition with a $500,000 prize to produce "meaningful and exclusive content" for X.
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has highlighted the UAE's leading position in clean and renewable energy, emphasising its crucial role in stabilising global energy markets and driving sustainable development through significant domestic energy investments.