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Frequently Asked Questions

When did Georgia join the World Bank?

Georgia joined the World Bank in 1992.

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 24 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 Georgia on the World Bank's Board of Executive Directors?

 

Georgia, together with the 11 other countries comprising the Netherlands group, is represented by Mr. Ad Melkert. The Alternate Executive Director for the Netherlands group is Ms. Tamara Solyanyk.

 

Learn more:

  Complete list of World Bank Executive Directors for each country.

  How representatives to the World Bank are selected


How many shares has Georgia subscribed to?

 

Georgia has subscribed to US$ 158.4 million shares, which is .10 percent of the total amount subscribed. 


How many votes does Georgia have?

 

Georgia has 1,834 votes, which is .11 percent of the total number of votes.


More about voting shares for each country

 

How can I learn about decisions being made at the World Bank?


The Board Calendar contains the work program for the Board of Executive Directors.

 

More information




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