WASHINGTON (AP) &#8212 The World Bank has a large to-do list for promoting growth and reducing poverty in developing countries, even after the global economy’s decade-long strong showing, Treasury Secretary Henry Paulson said Sunday.

The U.S. recognizes the bank has limited resources and increasing demands, he said. It supports efforts by the bank’s new president, Robert Zoellick, to develop a strategy to make the best use of the institution’s resources. Zoellick was trade representative and the No. 2 official at the State Department in the Bush administration.

Zoellick hopes to raise $33 billion by early 2008.