IMF board to meet again to discuss report alleging China manipulation

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IMF board to meet again to discuss report alleging China manipulation

WASHINGTON, Sep 21 - " Reuters - The International Monetary Fund said its executive board was meeting on Tuesday to discuss a report prepared for the World Bank alleging that IMF Chief Kristalina Georgieva pressured staff to change data to favor China while serving as the bank's CEO.

The board agreed to meet again soon for further discussions, an IMF spokesperson said, but gave no specific date.

The Board discussed the Committee s deliberations so far and had a preliminary exchange of views about the report and the Managing Director s statement in response to it, the spokesperson said.

The board affirmed the importance it attached to conducting a thorough, objective, and timely review and agreed to meet again soon for a further discussion, the spokesperson said.

Georgieva denied allegations via https: www.reuters.org. On Friday, Georgieva denied allegations. com news picture not-true - imf-chief - georgieva-denies - pro-idUSKBN 2 GD 1 DT that she pressured World Bank staff to alter data as it prepares its Doing Business 2018 report on country business climates.

What if a person brought you this really is. I'll simply put it all together. I am not currently pressured by Georgieva on staff to manipulate data, Georgieva told IMF staff, according to a transcript of the meeting given to Reuters.

The investigative report prepared by the law firm WilmerHale at the request of the World Bank Ethics Committee, found that Georgieva and other senior World Bank officials apply undue pressure on staff to boost China's ranking in terms of business climate.