IMF will decide “very soon” if Kristalina Georgieva continues in office after scandal over her management at the World Bank

Crystalina Georgieva, Director General of the International Monetary Fund (IMF) (Photo: EFE)

The International Monetary Fund said on Friday Its chaotic managing director Kristalina Georgieva will decide “very soon” if she keeps her job. The company has asked the current managing director of the company, Kristalina Georgieva, to “clarify the details” in its investigation to make a decision “very soon” on the matter.

“The Board of Managing Directors is committed to a thorough, objective and timely review. Although the Board of Directors has made significant progress in its assessment, it agreed to seek further details at today’s meeting to review the matter as soon as possible, ”the IMF said in a statement.

This Friday’s meeting of the IMF Executive Committee Wilmer wanted to address the matter after talking to law firm Hale this week. He himself questioned the author of the censorship and Georgieva that caused the crisis.

Wilmer Hale pointed out in a statement released on September 16th In 2017, several World Bank officials, including Georgia, campaigned from within the body In order to improve China’s ranking “improperly” in its “doing business” report.

The IMF will decide “very soon” if Kristalina Georgieva continues in office after allegations of corruption in support of the Chinese regime.

At one point the goal was to improve their ranking The World Bank (WB) sought Beijing’s support to increase its capital.

China’s position in the 2018 report released in October 2017, I should have been seven places down Ranked 85th instead of 78th, the company said in an internal review.

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As a result of these allegations, The World Bank has canceled the release of the “Doing Business” report. One of his most influential publications.

Georgieva, for her part, said in a statement that she did not agree “Basic” with the findings and interpretations of that independent investigation.

Bulgarian economist He was the Managing Director of the World Bank from January 2017 to October 1, 2019. Before becoming the head of the IMF after Frenchman Christine Lagarde.

The IMF and the World Bank are holding their annual meeting next week Both companies need to explain these allegations of abuse It will damage your credibility.

The IMF Executive Committee will meet again on Saturday, Pointed to AFP An anonymous source close to the case said Georgia had the support of France and European countries.

(With EFE and AFP information)


Eden Hayes

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