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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)

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The Journey Ahead: Supporting Successful Migration in Europe and Central Asia

Maximizing the shared gains of migration for everyone—from building trade and investment links to boosting productivity, transferring skills, and reducing poverty—will require tailored, evidenced-based policies that promote safe and orderly cross-border movements

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Fall 2024 ECA Economic Update cover event card

Europe and Central Asia Economic Update, Fall 2024: Better Education for Stronger Growth

To reinvigorate sluggish growth, governments need to unlock the creative power and human capital potential in their countries by reforming and investing in education, especially higher education systems.

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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 and Guarantees (cumulative amount as of end of period)

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