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Frequently Asked Questions

When did FYR Macedonia join the World Bank?

FYR Macedonia joined the World Bank in 1993.

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.

 

How is FYR Macedonia represented at the World Bank?

 

FYR Macedonia, 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 FYR Macedonia subscribed to?

 

FYR Macedonia has subscribed to US$ 42.7 million shares, which is .03 percent of the total amount subscribed. 


How many votes does FYR Macedonia  have?

 

FYR Macedonia has 677 votes, which is .04 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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