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IMF chief accused of influencing ease of business report in China's favour

Kristalina Georgieva denies she had applied pressure on staff of World Bank, when she worked there, to boost China's ranking in the report.

International Monetary Fund Managing Director Kristalina Georgieva
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International Monetary Fund Managing Director Kristalina Georgieva | Photo: Bloomberg

Eric Martin and Shawn Donnan | Bloomberg
Kristalina Georgieva risks seeing her authority as head of the International Monetary Fund undermined just weeks before an annual meeting of global finance chiefs, after being accused of influencing a report in China’s favor when she worked at the World Bank.
 
Georgieva on Thursday said that she “fundamentally” disagreed with the finding -- by an outside law firm engaged by the World Bank -- that she had applied pressure on the bank’s staff to boost China’s ranking in an economic report. She informed the IMF board of the allegations on Thursday and will be addressing the fund’s staff Friday, according