World Bank Earmarks Crisis Aid for Europe, Central Asia

Europe and Central Asia will receive $12.5 billion in World Bank financing to help the region deal with the worldwide economic slump,

reported. The Washington-based lender scaled up its funding for the region by 58 percent this fiscal year 2009.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.