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Top News In Wbnk Today - Breaking & Trending Today

Pakistan plans budget squeeze to win IMF funding approval

Pakistan will end most exemptions on sales tax so that all sectors pay a uniform 17% as part of a package of belt tightening measures aimed at securing approval for a $1 billion tranche of IMF funding, officials said on Friday. ....

Shaukat Tarin , Susan Fenton , Asif Shahzad , Imran Khan , Thomson Reuters Trust Principles , Prime Minister Imran Khan , Thomson Reuters Trust ,

Omicron variant likely to usher growth downgrades -IMF's Georgieva

Global economic growth projections from the International Monetary Fund will likely be downgraded due to the emergence of the Omicron variant of the coronavirus, IMF Managing Director Kristalina Georgieva said on Friday. ....

Sonya Hepinstall , Kristalina Georgieva , Thomson Reuters Trust Principles , International Monetary Fund , Reuters Next , Rodrigo Campos Editing , Thomson Reuters Trust , M 1qd , M 2cn , M 2cp , M 2cq , M 2cs , M 2ct , M 2cx , M 2cy , M 2d1 ,

EXCLUSIVE World Bank backs using $280 mln in frozen aid funds for Afghanistan

The World Bank's board has backed transferring $280 million from a frozen trust fund to two aid agencies to help Afghanistan cope with a brewing humanitarian crisis after the U.S. withdrawal, two sources familiar with the matter said on Wednesday. ....

United States , World Bank , District Of Columbia , White House , Peter Cooney , Andrea Shalal , Arshad Mohammed , Shri Navaratnam , Thomson Reuters Trust Principles , A World Bank , Donor Steering Committee , World Afghanistan Reconstruction Trust Fund , World Food Programme , Steering Committee , Thomson Reuters Trust ,

U.N. seeks record $41 bln for aid to hotspots led by Afghanistan, Ethiopia

The United Nations appealed on Thursday for a record $41 billion to provide life-saving assistance next year to 183 million people worldwide caught up in conflict and poverty, led by a tripling of its programme in Afghanistan. ....

Addis Ababa , Richard Pullin , Martin Griffiths , Stephanie Nebehay , Thomson Reuters Trust Principles , World Bank , United Nations , Taliban Ruled Afghanistan , Tigrayan People , Liberation Front , Thomson Reuters Trust ,

World Bank cuts Russia's 2022 growth forecast amid pandemic, other risks

Pandemic and inflation risks may hinder Russia's economic recovery, the World Bank said on Wednesday, as it lowered its 2022 growth forecast and warned of other risks including geopolitics and the green energy transition. ....

David Knight , Renaud Seligmann , Andrey Ostroukh , Thomson Reuters Trust Principles , World Bank , Alexander Marrow , Thomson Reuters Trust ,