
Big questions are being raised about the credibility of the World Bank's Doing Business report. The investigation found that the 2018 report by the World Bank was manipulated due to Chinese pressure. Controversy is deepening over irregularities in the World Bank's Ease of Doing Business report.
The name of the IMF's head came out in the controversy
Now the name of Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) has also appeared in this. According to the report, Georgieva had pressured employees to make changes to a report during her stay at the World Bank so that China would not be offended. However, Georgieva disagreed on this.
China's pressure on the then president of the IMF
The report was prepared by law firm WilmerHale at the behest of the bank's ethics committee. In this, concern has been expressed about China's pressure on the World Bank. The report said that Kristalina had put pressure on employees to improve China's ranking. Along with this, there has also been talking of China's pressure on the then IMF President Jim Yong Kim.
Canceled Doing Business report for the time being
At the same time, Georgieva rejected the investigation report, saying that she did not agree with it and presented her side before the IMF Executive Board. Earlier on Thursday itself, the World Bank announced the postponement of the Doing Business report. In this context, the bank said that in the report, the matter of data tampering has come to the fore. So it has been canceled for the time being.
US Treasury Department will study
In the matter, the US Treasury Department said that it would study it. If this report is true, then it is a serious matter. According to the WilmerHale report, there was "direct and indirect pressure" from senior staff members of former IMF President Jim Yong Kim to change the methodology of the report and improve China's score.
China jumps seven places in 'Doing Business 2018' report
The World Bank had sought help from China for capital. Therefore, it is being speculated that instead of that, an attempt was made to give an advantage to China in the report. China was ranked 78th, up to seven places in the 'Doing Business 2018' report.
Winter In UP Due to the continuous falling temperature in the state, the number of heart disease
On Tuesday, Union Petroleum Minister Hardeep Singh Puri said that the increase in oil prices in t
The film 'The Kashmir Files' is creating new records and history. This is probably the first Boll
The hearing phase of the voter list revision in West Bengal is at a challenging juncture. Subrata
Countries around the world are worried about the new wave of Corona in Singapore. Now i
Misuse of data in India will attract a fine of up to Rs 500 crore. The Central Government has mad
Nature's havoc continues in Himachal Pradesh. Incidents of landslides and cloudbursts are being r
In the trends of the Haryana election results, the BJP seems to be getting a majority. According
Japan's Prime Minister Kishida suddenly left for Ukraine from India, met PM Modi in Delhi
Japanese Prime Minister Fumio Kishida arrived in New Delhi on 20 March on a two-day visit to Indi
After losing the first two matches against South Africa, Team India came back strongly in the thi