IMF chief denies altering World Bank report to avoid angering China

IMF chief Kristalina Georgieva on Thursday denied an independent investigation which found that in her previous job at the World Bank, she pressed staff to alter a report to avoid angering China.

Based on the findings, the World Bank announced that it was immediately discontinuing its Doing Business report after the investigation found irregularities in the 2018 and 2020 editions.

Georgieva, a Bulgarian national who took the helm of the IMF in October 2019, rejected its conclusions regarding her role.

“I disagree fundamentally with the findings and interpretations of the Investigation of Data Irregularities as it relates to my role in the World Bank’s Doing Business report of 2018,” she said in a statement.