
BERLIN (Reuters) - The World Bank said on Friday it had raised a total of $41.6 billion in funds to help around 80 poor countries with grants and loans through June 2011, an increase of $9.5 billion over the previous funding period.
The Washington-based lender conducts a fund-raising campaign among its richer members every three years to determine funding for the International Development Association (IDA), the bank's lending arm.
The IDA raised $32.1 billion in the last fund-raising round completed in February 2005.