The International Monetary Fund’s board of directors met earlier this week over charges that director and ex-World Bank chief executive Kristalina Georgieva pressured staff to make methodology changes to favor China in a 2017 report.
IMF managing director and former World Bank CEO Kristalina Georgieva has been accused of pressuring staff in 2017 to change the methodology of the «Doing Business 2018» report to favor China, which saw its ranks rise seven places to 78th.
The IMF's board met earlier this week with no immediate decision on the issue.
According to an IMF statement, the board «emphasized the importance it attached to conducting a thorough, objective, and timely review and agreed to meet again soon for a further discussion».
«Not True»
The board meeting follows an investigation, launched at the request of the World Bank’s ethics committee, which found that Georgieva, World Bank CEO at the time, and president Jim Yong Kim pressured staff to change their methodology to prevent a fall in China’s rankings.
«Let me put it very simply to you,» according to a «Reuters» report citing Georgieva in a transcript of the meeting.
«Not true. Neither in this case, nor before or after, I have put pressure on staff to manipulate data.»
