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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.

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



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?


Europe and Central Asia Economic Update, Fall 2023: Sluggish Growth, Rising Risks

Economic growth in the region is projected to remain weak relative to the long-term trend, delaying the convergence of living standards to those of high-income countries. The impacts of climate change are becoming a serious constraint on growth, as extreme weather events are affecting the region with increased frequency and severity.

Scaling Up to Phase Down Main Image

SCALING UP TO PHASE DOWN: Financing Energy Transitions in the Power Sector

To meet climate and development goals, low and middle-income countries need to transform their power sector infrastructure at a scale and pace that is unprecedented.

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.


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)