What the World Bank Is Doing

July 1, 2009—An unprecedented global economic crisis demands unprecedented initiatives to restore growth. The World Bank Group is helping with the financial rescue but believes that we must remain focused on the human rescue for the many millions left behind. The Bank is calling for developed countries to pledge the equivalent of 0.7 percent of their stimulus packages, or as much as they can in additional money, to a global vulnerability fund to help developing countries, which can't afford bailouts and deficits. Read More