News release: “As developing countries emerged from the financial crisis in FY11 (July 1, 2010 – June 30, 2011), the Bank Group provided an estimated 712 loans, grants, equity investments and guarantees to promote economic growth, fight poverty, and assist private enterprise. World Bank (IBRD and IDA) commitments for social protection—including safety net programs for the poorest and most vulnerable—are estimated to reach $4.1 billion in FY11. Financing for infrastructure, critical for job creation and future productivity, is estimated to reach $20 billion in FY11—46 percent of total lending. In particular, IDA support for infrastructure grew to $7 billion, both a record high and a 31 percent increase over FY10. FY11 also saw unprecedented financing of $1.4 billion for natural disaster management, critical for adapting to climate change and combating the high number of recent natural disasters.”