IMF Says it Has "Full Confidence" In Managing Director

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Tuesday, October 12th, 2021 9:40am

By Ciara Noble @niaracoble

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File image: IMF Logo via @IMFNews/Twitter

Investigation continues into business ranking changes

The International Monetary Fund says it has "full confidence" in its managing director.

The statement follows allegations that World Bank staff were pressured to change business rankings for China, in an effort to please Beijing.

However, an investigation is continuing.

The United States - the IMF's largest shareholder - says it will monitor the situation closely.

#UPDATES The IMF Executive Board reaffirms its "full confidence" in the Washington-based crisis lender's chief, Kristalina Georgieva, keeping her on as managing director after she was hit with allegations of data tampering pic.twitter.com/6FRb8MSd0q

— AFP News Agency (@AFP) October 12, 2021

 

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