| When did Albania join the World Bank? Albania became a member of World Bank in 1991. The country is also a member of the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA), which are the other World Bank organizations. How are countries represented at the World Bank? The World Bank is managed by representatives from each of its member countries. The two governing bodies that make all major policy decisions are the Board of Governors and the Board of Executive Directors.
The World Bank currently has 25 Executive Directors based in Washington, D.C. The Articles of Agreement provides that five of these directors represent the member countries having the largest number of shares. These countries are: France, Germany, Japan, the United Kingdom, and the United States.
The other 19 Executive Directors represent the remaining countries. Each Executive Director is elected by a country or group of countries every two years.
Who represents Albania on the World Bank's Board of Executive Directors? Albania, together with the 6 other countries, is represented by Mr. Piero Cipollone. The Alternate Executive Director is Mr. Nuno Mota Pinto. Learn more:  Complete list of World Bank Executive Directors for each country.
How representatives to the World Bank are selected
How many shares has Albania subscribed to?
Albania has subscribed to US$ 83.0 million shares. More about voting shares for each country How can I learn about decisions being made at the World Bank?
The Board Calendarcontains the work program for the Board of Executive Directors.
Who is the Governor of the World Bank from Albania?The Governor of the World Bank from Albania is Mr. Ridvan Bode - the Minister of Finance, and the Alternate Governor is Mr. Fatos Ibrahimi – Deputy Governor of Bank of Albania Who can borrow from the World Bank? World Bank is not a “bank” in the common sense. The world’s low-income countries generally are the borrowers of the World Bank. In the case of the loans, countries have 35-40 years to repay, with a 10-year grace period. In addition to direct contributions and loans from developed countries, these countries receive grants, interest-free loans, and technical assistance from the World Bank to enable them to provide basic services. What are the Business Opportunities with World Bank-Financed Projects? The wide variety of World Bank projects provides a broad scope of business (procurement) opportunities; contracts which range in value from a few to millions of dollars. Many contracts for goods, works, and services are won by relatively small and middle-size enterprises. Most procured items and civil works opportunities permit all sizes of firms to compete for contracts. Moreover, companies that win major contracts often subcontract to smaller companies for goods or services. These opportunities, which often are for services, usually arise in connection with civil works. But there are opportunities for suppliers as well. Does the World Bank support NGOs and Civil Society in Albania? The Bank supports Albanian Civil Society to promote dialogue and dissemination of information on development, and to enhance partnerships with the civil society. NGOs are also financed through WB money for operations, such as social services. The Social Services Delivery project in Albania is being implemented by local NGOs who provide social services to the marginalized groups. Local think tanks are often contracted for studies and other research work. SmGP is another program in support of local NGOs’ activities The scope of the SmGP includes empowerment of the marginalized and vulnerable groups engagements in order to have their voice in development processes. Grants in Albania are being provided directly by World Bank-managed funding mechanisms. To this date the Small Grants Program has allocated 77 small grants corresponding to a total amount of US$ 286,000 spread during the time period 2001-2008.
Is there any Opportunity for Scholarships and job placement at the World Bank?
World Bank staff are part of a system of global networks and partnerships that link the world's top thinkers and practitioners in many fields, including Human Development, Finance, Economic Management, Public and Private Sector Development, and the Environment.
The World Bank is committed to diversity, and thus strives to hire the best women and men from all over the world, and make arrangements in the workplace where reasonable to meet the needs of persons with disabilities. Staff are diverse in many respects, including gender, nationality, race, culture, education and experience and fully represent our over 180 member countries. For more information go to World Bank Opportunities. More information |
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