Home World IMF Managing Director points out involvement, World Bank “Current status of business environment” fraud investigation –Bloomberg

IMF Managing Director points out involvement, World Bank “Current status of business environment” fraud investigation –Bloomberg

by news dir

The World Bank’s annual report, “The Current State of the Business Environment,” raises China’s ranking when the International Monetary Fund’s (IMF) Managing Director Georgiewa was the World Bank’s CEO. He pointed out that he applied pressure internally.

Georgiewa said he disagrees with the findings.

Georgiewa IMF Managing Director

Photographer : Andrew Harrer/Bloomberg

In a report on the 16th, the World Bank announced that it had decided to abolish the report altogether because a serious ethical problem was found in a survey on “the current state of the business environment.”

World Bank announced in December last yearThe review reported that China’s ranking in the 2018 report published in October 2017 was not 78th, but should have been 85th, seven lower.

“China’s data changes appear to be the product of two types of pressure on the team from World Bank leaders,” the report said in the 2018 edition. “At the same time that China was expected to play an important role in the World Bank’s capital increase efforts, CEO Georgiewa and his adviser to make concrete changes to the country’s data points to raise China’s rankings. There was “pressure from Mr. Jankov”.

In response, Georgiewa issued a statement saying, “I totally disagree with the results and interpretation of the data fraud investigation.” “We have already made an initial report to the IMF Board on this issue,” he said.

Original title:
IMF’s Georgieva Cited in World Bank Probe of Business Rankings(抜粋)

(I will update by adding details such as Mr. Georgiewa’s opinion)

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