IMF head Kristalina Georgieva called out for applying ‘undue pressure’ to boost China’s ranking in Doing Business report
Zee News
The report, prepared by law firm WilmerHale, raises concerns about China`s influence at the World Bank, and the judgment of Georgieva - now managing director of the IMF - and then-World Bank President Jim Yong Kim.
Washington: World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China`s ranking in the bank`s "Doing Business 2018" report, according to an independent investigation released Thursday.
The report, prepared by law firm WilmerHale at the request of the bank`s ethics committee, raises concerns about China`s influence at the World Bank, and the judgment of Georgieva - now managing director of the International Monetary Fund - and then-World Bank President Jim Yong Kim.
Georgieva said she disagreed "fundamentally with the findings and interpretations" of the report and had briefed the IMF`s executive board.
