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.
Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while an online meeting of the countries was under way.
The UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), Dr. Sultan bin Ahmed Al Jaber, visited Greece as the two countries enhance their comprehensive partnership.
Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, held talks with President of Global Markets at PayPal, Suzan Kereere, to collaborate within the dynamic digital payments landscape.
The sweeping new US tariffs has had no "negative impact" on DXB, airport's CEO Paul Griffiths said, but added that with the "volatility of the situation, it's far too soon to comment".
UAE Ambassador to the UN, Mohamed Abushahab, has reiterated the call for an immediate ceasefire in Sudan during talks with UN Under-Secretary-General for Political and Peacebuilding Affair, Rosemary DiCarlo.
The UAE has strongly condemned the repeated attacks by Israel on Syria and reaffirmed its commitment to the country's "unity, stability and territorial integrity".