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IMF executive board to back Georgieva in data-fixing scandal: Report

The board will issue a statement of support for Georgieva after a thorough review of allegations

Kristalina Georgieva
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Photo: Bloomberg

Reuters
The International Monetary Fund's executive board will issue a statement of support for Managing Director Kristalina Georgieva after reviewing allegations she pressured World Bank staff to alter data to favor China, sources familiar with the decision said on Monday.

The 24-member board reached the decision on Monday after marathon meetings over the past week, where members debated the future of Georgieva, a Bulgarian economist and the first person from a developing country to head the fund.

France and other European governments said last week they wanted Georgieva to serve out her term, while U.S. and Japanese officials pushed for a thorough review

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