The Executive Board of the International Monetary Fund on Monday met with representatives from law firm WilmerHale, which published a report in mid-September implicating it. Kristalina GeorgievaIn a press release, Jerry Rice, a spokesman for the International Monetary Fund, said that the institution’s current director-general.
In this report, Kristalina Georgieva was accused of lobbying to change the Doing Business report in favor of China when she was in her position at the World Bank, accusations she completely rejected. Jerry Rice did not elaborate on the content of Monday’s discussions, but indicated that “The Board of Directors (d) remains intent on conducting a thorough, objective and rigorous examination”. The IMF should manage “Meet the general manager also soon”, he added.
An investigation by Wilmerhill, at the request of the World Bank’s Ethics Committee, found infractions in the wording of the 2018 and 2020 versions of the World Bank’s Doing Business report. This survey examines the regulatory framework of countries to see which are more suitable for starting a business. The WilmerHale report notably refers to a meeting in which Kristalina Georgieva asked her teams to change the report’s methodology so that the arrangement would be more appropriate for China.
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