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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

3D image of Greater Heights report cover

Greater Heights: Growing to High Income in Europe and Central Asia

Climbing to high-income status in today’s environment will be harder still—because of high debt and aging populations in developing countries and growing protectionism in advanced economies. 

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main cover image for the report with the bulb in the center, woman climbing, man working on the computer and map of Europe on

Europe and Central Asia Economic Update, Spring 2025: Accelerating Growth through Entrepreneurship, Technology Adoption, and Innovation

To boost competitiveness and create jobs in this challenging economic environment, the region should improve business dynamism and foster its private sector by facilitating firm-level innovation, technology adoption, and better domestic competition.

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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)