For a strong economic recovery, invest in financial resilience
To understand why and what can be done to increase financial resilience, it’s worth considering what we mean by “unexpected” or “emergency” expenses.
The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group comprises five institutions managed by their member countries. Established in 1944, the World Bank Group is headquartered in Washington DC. It has more than 10,000 employees in more than 120 offices worldwide.