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

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.

The Executive Director is the Chair of the Ethics Committee and the Vice Chair of the Committee on Development Effectiveness. He is also a member of the Human Resources Committee. Additionally, the Executive Director is involved, together with his staff in other Board Committees, including Audit Committee), Budget Committee), Committee on Governance and Administrative Matters, as well as in informal sub-committees.

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.


  • Koen Davidse
    Koen Davidse

    Executive Director: EDS19

  • Florin Vodita
    Florin Vodita

    Alternate Executive Director: EDS19


Data, Digitalization, and Governance

Europe and Central Asia Economic Update - Data, Digitalization, and Governance

The pandemic is expected to erase at least five years of per capita income gains in about one-sixth of the region’s economies and raise the poverty headcount. Economies with strong trade or financial linkages to the euro area and those heavily dependent on services and tourism were the hardest hit.

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The World Bank

An Uncertain Recovery

This Regular Economic Report (RER), No. 18, covers economic developments, prospects, and economic policies in the Western Balkans’ region, including Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia. As elsewhere in the world, in the Western Balkans the COVID-19 pandemic has plunged countries into deep recession. While the outlook remains uncertain, economic activity in the region is now projected to contract by an estimated 4.8 percent in 2020, —1.7 percentage points below the forecast in the Spring 2020 RER.

The World Bank

The Sustainable Development Goals Report 2020

This year marks the start of the Decade of Action to deliver the Sustainable Development Goals by 2030. The Sustainable Development Goals Report 2020 presents an overview of progress towards the SDGs before the pandemic started, but it also looks at some of the devastating initial impacts of COVID-19 on specific Goals and targets. The report was prepared by the United Nations Department of Economic and Social Affairs in collaboration with The World Bank and other experts from more than 40 international agencies, using the latest available data and estimates.

The World Bank

Global Economic Prospects - June 2021

The global economy is set to expand 5.6 percent in 2021. Economic recovery will be strong but highly uneven. Growth is concentrated in a few major economies, with poorer countries lagging behind. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress. 


Explore Our Constituency

IBRD Disbursement in EDS19 Constituency Countries