IMF backs Georgieva after World Bank data-rigging scandal
Al Jazeera
US Treasury Secretary Janet Yellen warned she will monitor any new facts and called for IMF to reinforce data integrity.
The International Monetary Fund’s (IMF) executive board has expressed its full confidence in Managing Director Kristalina Georgieva after reviewing allegations that she pressured World Bank staff in her previous job to alter data to favour China.
But United States Treasury Secretary Janet Yellen put Georgieva on notice that she would closely monitor the IMF’s follow-up and evaluate any new facts or findings, and called for proactive steps to reinforce data integrity and credibility at the IMF.
The IMF’s 24-member board and the US Department of the Treasury issued separate lengthy statements Monday after a week of marathon meetings over Georgieva’s actions as World Bank CEO that threw into question her continued leadership of the IMF.
