The World Bank Group committed $58.8 billion in fiscal year 2009 to help countries struggling amid the global economic crisis, a 54 percent increase over the previous fiscal year and a record high for the global development institution. (..) To help developing countries weather the impacts of the crisis, the World Bank this year proposed a Vulnerability Fund – a call to action for each developed country to pledge the equivalent of 0.7 percent of its economic stimulus package as additional aid, be it through their own bilateral aid agencies; UN agencies such as the World Food Program, FAO, or UNICEF.
