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IMF board decision hangs over Georgieva as IMF-World Bank annual meetings begin

Mount Equity Group Tokyo, Japan > News > Business > IMF board decision hangs over Georgieva as IMF-World Bank annual meetings begin

International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee, during the IMF and World Bank’s 2019 Annual Meetings of finance ministers and bank governors, in Washington, U.S., October 19, 2019. REUTERS/Mike Theiler

WASHINGTON, Oct 10 (Reuters) – Data-rigging allegations against International Monetary Fund Managing Director Kristalina Georgieva were set to loom over the opening of week-long IMF-World Bank annual meetings on Monday as the Fund’s executive board failed to conclude its review after yet another marathon meeting.

The IMF board met on Sunday with Georgieva and the law firm that claims she pressured World Bank staff to change data to boost China’s “Doing Business” ranking when she was World Bank CEO in 2017, the IMF said in a statement, adding that the board had sought to “clarify details” in the review.

“The board…

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