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At a meeting on October 11 in Washington, the IMF Board of Directors supported its executive director, a native of Bulgaria Kristalina Georgieva, in a scandalous situation. She will not be dismissed and confidence is expressed in her. This is stated in a press release from the IMF. The scandal was sparked by an investigation by the World Bank-hired law firm WilmerHale about Georgieva’s possible involvement in rigging the World Bank’s Doing Business 2018 ranking.
According to the authors of the WilmerHale report, Georgieva may have patronized the World Bank staff, who overestimated the performance of China, Saudi Arabia, the United Arab Emirates and Azerbaijan in this rating, which describes the ease of starting and doing business.
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