World banks needs more resources
According to the president of the World Bank it has been stated that as the world economy is still reeling under the effects of global recession. There needs to be an addition to the already depleted sums of funds in the World Bank treasury, so as to enable developing countries resolve the poverty crisis cropping up in their respective countries.
According to the world bank, recession was just like a storm that left tremendous damage in its wake, however as that has being overcome it is just a matter of time before the whole world (the developed nations) begin to live life normally thus resulting in a state where the rich rise up to the previous status and the poor become poorer.
This is required as due to the shortage of funds the world bank will be forced to cut down its funding and loan given and thus will be facing serious financial problems by the middle of 2010
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