IMF board backs Georgieva after review of data-rigging claims

Published by
Reuters

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The International Monetary Fund’s executive board on Monday expressed its full confidence in Managing Director Kristalina Georgieva after reviewing allegations that she pressured World Bank staff to alter data to favor China. But Treasury Secretary Janet Yellen put Georgieva on notice that she would closely monitor the IMF’s follow-up and evaluate any new facts or findings, and called for proactive steps to reinforce data integrity and credibility at the IMF. The Fund’s 24-member board and Treasury issued separate lengthy statements after…

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