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$520 mn credit

World Bank to give Afghanistan $520 mn credit

WASHINGTON: The World Bank on Tuesday said it had approved a $520 million plan to help Afghanistan, which has been weakened by the Taliban insurgency and gradual withdrawal of US troops. Almost half of the amount, given in the form of grants, will be dedicated to supporting people displaced by the violence in the country and those returning from exile in neighboring Pakistan, the bank said in a statement. The rest will be allocated to anti-poverty reforms aimed at "increasing economic opportunities" by developing the…