The International Monetary Fund’s (IMF) executive board on Oct. 11 said it has “full confidence” in Managing Director Kristalina Georgieva following an investigation into allegations that she applied “undue pressure” on staff to boost China’s standing in the bank’s “Doing Business 2018” report.
A report (pdf), prepared by outside law firm WilmerHale at the request of the World Bank’s ethics committee, implicated Georgieva and then-World Bank President Jim Yong Kim, and cast a spotlight on China’s influence at the institution.
