The World Bank has announced it donated a record $US58.8 billion ($A72.98 billion) in the 2009 fiscal year to help struggling countries cope with the global economic crisis.
The commitment marks a 54 percent increase on the previous year, fuelled by a staggering amount of requests for assistance.
Commenting on the donation, World Bank president Robert Zoellick said: “’Millions of people are still suffering, and we must continue to help countries safeguard priority expenditures, including on essential infrastructure, investment in human capital, and social safety nets.”
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