Pakistan's credit rating upgraded due to gold discovery in 2025?
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Credit rating updates from agencies like Moody's, S&P, or Fitch
Pakistan Discovers 32.6 Metric Tonnes of Gold Reserves in Indus River Worth $2.1 Billion, 600 Billion Pakistani Rupees
Jan 12, 2025, 07:00 AM
Pakistan has announced the discovery of 32.6 metric tonnes of gold reserves located in the Indus River, valued at approximately 600 billion Pakistani rupees, or about $2.1 billion. This finding, reported by state media, has the potential to significantly boost the country's economy and reshape its financial landscape. The discovery is seen as a pivotal moment for Pakistan, which has been grappling with economic challenges.
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