The World Bank Group’s Reserve Advisory and Management Partnership (RAMP) has signed a new membership agreement with the Central Bank of the Republic of Kosovo, shifting their engagement from trust fund-supported participation to an asset-mandate-supported membership under which RAMP will manage a portion of the central bank’s reserves. The Central Bank of Kosovo joined RAMP in 2023 through the Trust Fund for Public Asset Management and is the first institution to transition from trust fund-supported to an asset mandate, reflecting institutional capacity developed in reserve management, governance, investment practices, and risk management. The signing took place during the World Bank Group and International Monetary Fund Spring Meetings in Washington, DC, and the World Bank Group positioned the milestone as an outcome of sustained capacity building and peer learning supported through the trust fund.
World Bank 2026-04-16
World Bank Group RAMP signs asset-mandate membership agreement with the Central Bank of Kosovo to manage part of its reserves
The World Bank Group’s Reserve Advisory and Management Partnership has signed a new membership agreement with the Central Bank of the Republic of Kosovo, moving from trust fund-supported participation to an asset-mandate-supported membership under which RAMP will manage part of the bank’s reserves. The Central Bank of the Republic of Kosovo is the first institution to make this transition, reflecting strengthened reserve management, governance, investment practices, and risk management capacity developed through the trust fund.