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I.M.F.’s Executive Board Says Kristalina Georgieva Can Remain

Mount Equity Group Tokyo, Japan > News > Markets > I.M.F.’s Executive Board Says Kristalina Georgieva Can Remain

WASHINGTON — The International Monetary Fund’s executive board on Monday expressed confidence in the leadership of Kristalina Georgieva, its managing director, following allegations that she had manipulated data to placate China when she was a senior World Bank official.

The decision came less than a month after an independent inquiry commissioned by the World Bank concluded that she played a central role in meddling with its 2018 Doing Business survey. The findings raised questions about her judgment and ability to continue leading the I.M.F. But ultimately its executive board decided that the investigation into Ms. Georgieva’s actions “did not conclusively demonstrate” that she had acted improperly.

“Having looked at all the evidence presented, the executive board reaffirms its full confidence in the managing director’s leadership and ability to continue to effectively carry out her duties,” the I.M.F.’s executive…

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