Georgieva fights to keep IMF role, with decision expected 'very soon'

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Georgieva fights to keep IMF role, with decision expected 'very soon'
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[BUSINESS] Georgieva fights to keep IMF role, with decision expected 'very soon'

Kristalina Georgieva, pictured in October 2019, has denied a report's conclusion that she manipulated data in favor of China while at the World BankEmbattled International Monetary Fund chief Kristalina Georgieva was fighting for her professional life Saturday as the institution's Executive Board considers evidence she manipulated data in favor of China while in a senior role at the World Bank.

The board said it had made"significant progress" in its assessment of the case but agreed"to request more clarifying details with a view to very soon concluding its consideration of the matter." "I am pleased that I finally had the opportunity to explain to the IMF Board my role in the Doing Business report and how I respected the integrity of the report," she said, adding that"I look forward to an expeditious resolution of the matter."

According to the investigation, Beijing complained about its ranking of 78th on the list in 2017, and the next year's report would have shown Beijing dropping even further.

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