Irena Andreeska – Komercijalna banka AD Skopje, Orce Nikolov 3, 1000 Skopje, PVPU Euro College Kumanovo, North




3rd International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2019 – Bratislava, Slovakia, October 24, 2019, CONFERENCE PROCEEDINGS published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-23-3, ISSN 2683-5991, DOI:




The World Bank is one of the largest world’s resources for financing the countries in development,
whose main target is helping poor countries with the use of their financial resources and large
experience. In today’s world there are at the same time very rich and very poor and the challenge for
reducing poverty is very big. The World Bank works on going through these differences by helping the
governments of the member countries in their intentions to invest into education and health centers, to
provide water and electrical energy, as well as on the fight against illnesses such as AIDS and malaria,
protection of living environment and providing a decent life standard. Financial help from World Bank
for the Republic of North Macedonia provided realization of line of activities as well as continuing of
international liquidity of the country.



World Bank, Developed Countries, International Monetary Fund, Financial Transactions,
Economic Growth.


Irena Andreeska, Doctoral dissertation, The global financial architecture and the phenomenon
of poverty, St. Ciril and Methodius, 2010, Skopje
Biljana Sekulovska-Gaber: International Organizations and Integrations, Faculty of Economics,
Skopje, 2003
Irena Kikerkova: International Economics, Faculty of Economics, Skopje, 2003
Todor Todorov, Armen Kadriovski: International Economics, Skopje, 2006
Todor Todorov, Dimo Dimkov: International Management, Faculty of Economics, Prilep, 2001
Branislav Pelevic: International Economic Relations, Faculty of Economics, Belgrade, 1999
Alan M. Rugman and Alain Verbeke: Global Corporate Strategy and Trade Policy, London and
New York 2003


Association of Economists and Managers of the Balkans – UdEkoM Balkan
179 Ustanicka St, 11000 Belgrade, Republic of Serbia