WASHINGTON, September, 2009—During Fiscal Year 2009, a period marked by the sudden onset of the global financial crisis, the World Bank Group committed US$12.5 billion in support to its members and to private business in the Europe and Central Asia (ECA) Region. The World Bank Group commitments in ECA grew in fiscal year 2009 by 58 percent, as financing was rapidly approved to help cushion the impact of the global economic crisis on the poor and to position countries for post-crisis recovery.

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