China urges IMF to help Afghanistan amid rising poverty
IMF
Chinese Foreign Minister Wang Yi urged the World Bank and International Monetary Fund (IMF) to resume financing support to Afghanistan for reconstruction.
Ever since the Taliban took over Afghanistan in August, the country has been struggling with poverty and a humanitarian crisis.
Various financial institutions suspended their engagement with the country until there was clarity within the international community on the recognition of the government led by the Taliban.
Currently, banks are running out of money, civil servants have not been paid and food prices have surged.
The IMF said that Afghanistan's economy was set to contract up to 30 per cent this year. "Afghanistan is in need of revival on all fronts, and development is the top priority," said Wang.
)
Lift accident? Maintenance, builders & makers are ALL liable now, rules Supreme Court: 3 major regulations | WION Decodes
)
The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
)
Delhi Consumer Court fines Indian Railways Rs 25,000 for making RAC passengers share one blanket
)
Kangana Ranaut clarifies her 'Generation Gutter' remark: 'Gen Z of our country are taking us to such heights' - watch
)
Assam floods 2026: Salman Khan, Alia Bhatt and other Bollywood celebrities extend support to affected families
)
India avoids higher US tariff, secures lower 10% rate. Here's how
)
Netanyahu spent thousands of dollars on garden maintenance in wartime, report says | Gravitas
)
Ramayana trailer X review: Ranbir Kapoor, Yash shine in a visual spectacle fans call 'cinema at its finest'
)
28-year-old woman PhD scholar dies of electrocution on Panjab University campus
)
CJP founder Abhijeet Dipke returns to Maharashtra, receives grand welcome in hometown
)
Ramayana Part 1 trailer out! Ranbir Kapoor, Sai Pallavi and Yash lead Nitesh Tiwari’s epic saga
)
Brewery offering 'free beer' the day Trump dies has license revoked - 'Will have to pry me out of my taprooms'
)
'There is no Pakistani Kashmir, only Pakistan-occupied Kashmir': Indian Embassy in US calls out 'misleading' NYT headline
)
3.6mn people track 24hr Qantas flight from Melbourne to Toulouse: Pilot shifts, fuel tank and other details
)
ITR filing without Form 16? Here’s how salaried taxpayers can submit returns before July 31 deadline
)
Cat’s bizarre reaction before Japan earthquake goes viral: Did it detect the tremors?
)
British Airways flight comes close to 'nosediving' over London
)
NEET Protests riddled with misinformation? Delhi Police blocks 480 Pakistan-based handles spreading 'fake news' since Operation Sindoor
)
DSP among 7 policemen killed as militants storm Pakistan checkpost; 8 attackers dead
)
North Korean colonel killed by firing squad for stealing grain as 'deeply shaken' officers watched
)
'Powerful response': US launches fresh revenge strikes on Iran after Trump vow to 'hit back hard'
)
Mysterious projectile leaves massive crater in Poland near Ukraine border, probe launched
)
Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
)
Anthropic reveals India is Claude AI's No. 2 market. But what are Indians actually using the AI for? | WION Decodes
)
Are you an Indian on an H-1B visa? New US bill could make getting Green Card easier
)
582 tonnes, 150 million°C, 60 years: WION Decodes the mind-boggling numbers behind China's 'Artificial Sun'
)
Claude AI down? Anthropic confirms outage as users face errors across chatbot and API
)
Commonwealth Games 2026 Day 8: India's full schedule, medal events and match timings
)
Student denied admission to IIT Kanpur's cybersecurity program hacks websites to prove a point
)
Nearly Rs 29 crore cash, 15 kg gold found at ex-bus driver's house in West Bengal
During the call, he urged the US and other Western countries to lift unilateral sanctions on Afghanistan.He also asked the World Health Organization to provide more vaccines and medical supplies to help Afghanistan fight COVID-19.
China has said it will send $30 million worth of emergency humanitarian assistance to Afghanistan. "My overall impression is that the Taliban is eager to have dialogue and cooperation with the outside and that they are serious about this," Wang said.
Earlier, IMF had said it was deeply concerned about the economic conditions in Afghanistan as it urged the international community to take urgent steps to stall a “looming humanitarian crisis” in the country.
During a news conference, IMF spokesperson Gerry Rice told reporters, "Our engagement with Afghanistan has been suspended until there is clarity within the international community on the recognition of the government".