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About

The World Bank

The Office of the Executive Director represents in the World Bank Group Board the constituency of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Moldova, Montenegro, The Netherlands, North Macedonia, Romania, and Ukraine (EDS19).

The Executive Director and his staff work jointly with other Board members when considering and deciding on IBRD loan and guarantee proposals, as well as IDA credit, grant, and guarantee proposals made by the President. They decide on policies that guide the Bank's general operations. The Office is also responsible for presenting to the Board of Governors, at the Annual Meetings, an audit of accounts, an administrative budget, and an annual report on the Bank's finances, operations, and policies.

Moreover, each Executive Director serves on one or more of the World Bank standing committees. The Executive Director, representing EDS19, is a member of the Audit Committee and Human Resources Committee

The Executive Director and his staff work together with other 188 member countries' representatives to harmonize their positions and reach a consensus on development issues.

THE OFFICE OF THE EXECUTIVE DIRECTOR (EDS19)

Featured

World Development Report 2023

World Development Report 2023: Migrants, Refugees, and Societies

Migration is a development challenge. About 184 million people—2.3 percent of the world’s population—live outside of their country of nationality. Almost half of them are in low- and middle-income countries. But what lies ahead?

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ECA Regional Report

Europe and Central Asia Economic Update, Spring 2024: Unleashing the Power of the Private Sector

Fundamental drivers of productivity growth, including progress in advancing institutional and market reforms, technology adoption, and innovation, are key for enabling private sector–led growth. 

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The World Bank

Eugene Rhuggenaath's Interview for Voice of America North Macedonia Service (in Macedonian)

New World Bank Group's Country Partnership Framework for North Macedonia focuses on improving productivity, creating more jobs, and accelerating convergence with the EU. Eugene Rhuggenaath emphasized the importance of structural reforms implementation to unlock higher growth prospects.

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ATLAS of Sustainable Development Goals 2023

ATLAS of Sustainable Development Goals 2023

The Atlas of Sustainable Development Goals 2023 presents interactive storytelling and data visualizations about the 17 Sustainable Development Goals. It highlights trends for selected targets within each goal and introduces concepts about how some SDGs are measured.

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Explore Our Constituency

EDS19 - IBRD Statement of Loans (cumulative amount as of EOP)

EDS19 - IDA Statement of Credits and Grants (cumulative amount as of EOP)