Friday, 22 October, 2021

IMF chief denies altering World Bank report to appease China

  • Sun Online Desk
  • 18th September, 2021 02:17:25 PM
  • Print news


IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her previous job at the World Bank, she pressed staff to alter a report to avoid angering China.

Based on the findings, the World Bank announced it was immediately discontinuing its Doing Business report after the investigation found irregularities in the 2018 and 2020 editions.

Georgieva, a Bulgarian national who took the helm of the International Monetary Fund in October 2019, rejected its conclusions regarding her role.

The allegations could damage her reputation, and provide grist for long- time US critics of the multilateral organizations and their treatment of China.