Top News

The International Monetary Fund will decide “very soon” whether Kristalina Georgieva will retain her position after the scandal of her management at the World Bank.

Managing Director of the International Monetary Fund, Kristalina Georgieva (Photo: EFE)

The International Monetary Fund said last Friday She will decide “very soon” whether her embattled managing director Kristalina Georgieva will keep her job. The agency asked to “clarify the details” in its investigation to the agency’s current director, Kristalina Georgieva, for a decision “very soon” on the matter.

The Board of Executive Directors remains committed to conducting a comprehensive, objective and timely review. The IMF said in a statement that although the Board of Directors had made significant progress in its assessment, at today’s meeting it agreed to request more clarifying details with the aim of concluding its consideration of the matter very soon.

International Monetary Fund Executive Board meeting on Friday He was aiming to remedy the matter after speaking this week with law firm Wilmer Hill, The author of the review that caused the crisis, Georgieva herself questioned.

Wilmer Hill noted in a report released on September 16 that Several senior World Bank officials in 2017, including Georgieva, lobbied from within the body “Inappropriately” to improve China’s ranking in its “Doing Business” periodic report.

The International Monetary Fund will decide
The International Monetary Fund will decide “very soon” whether Kristalina Georgieva will retain her position after the alleged service scandal of the Chinese regime

The goal was to improve their ranking at a time The World Bank (WB) sought Beijing’s support to raise its capital.

China’s position in the 2018 report published in October 2017, I should have been in seven places The agency said in an internal review that it ranked 85th instead of 78th.

See also  Complaints and Despair After Delayed Entry to Bad Bunny Concert: 'I'm Selling Ticket Offices, I'm Going'

As a result of these accusations, The World Bank canceled the disclosure of Doing Business, One of his most influential publications.

For her part, Georgieva said in a statement that differs with her “Essential” with findings and interpretations of that independent investigation.

Bulgarian economist She held the position of Executive Director of the World Bank from January 2017 to October 1, 2019, Before taking over the presidency of the International Monetary Fund to succeed Christine Lagarde.

The International Monetary Fund and the World Bank will hold their annual meeting next week, at which Both organizations will have to explain these allegations of misconduct This threatens to damage your credibility.

The Executive Board of the International Monetary Fund may meet again on Saturday, referred to in France Press agency A source close to the case on condition of anonymity, adding that Georgieva has received support from France and European countries in general.

(with information from the EFE and AFP)

Read on:

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button