Pakistan Army chief Asim Munir unveils plan to revive economy with rare earths.

By Aniket Chakraborty

Aug 20, 2025

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WORLD NEWS 

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He calls Pakistan’s mineral wealth a “treasure” to cut debt and build prosperity.

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At the centre: the $6.6 billion Reko Diq mining project in Balochistan.

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Reko Diq seeks $3.5 billion in funding from the US, World Bank, and partners.

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The US eyes Pakistan’s reserves to reduce reliance on China’s supply chains.

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Trump’s policy shift toward Islamabad comes after tariffs strained India ties.

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Pakistan receives first crude oil shipment from the US under new trade deals.

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Munir insists Pakistan won’t “sacrifice one friend for another” between powers.

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Critics recall Pakistan’s failed 2019 ‘massive oil reserve’ claim.

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Munir dismisses political ambitions but warns India of destabilisation attempts.

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