Western Australian Treasury Corporation (WATC) (AAA/Aaa) will raise total funds of A$8.9 billion (US$7.3 billion) in 2010/11. The funding agency for the state of Western Australia (WA) announced its new funding programme today, a day after the state's stronger-than-anticipated budget numbers were unveiled. On May 20 WA posted a surplus of A$286 million in 2010/11 and forecast the state economy to grow 3.75 per cent in 2009/10, with growth set to accelerate to 4.5 per cent in 2010-11 and 4.75 per cent in 2011/12.