China's Grandfathering: Report Revealed, World Bank's Doing Business Report manipulated to avoid Dragon's displeasure


Posted on 17th Sep 2021 03:18 pm by rohit kumar

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

Did you know?Explore Trending and Topic pages for more stories like this.

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.

1 Like 0 Dislike
Previous news Next news
Other news

Philosophy of KL after defeat: Captain Rahul claims on embarrassing defeat – I will do better in captaincy, the team will become stronger by defeat

The Indian team's tour of South Africa was no less than a nightmare. The first team suffered a 2-

What is India taking from Russia, which America said is dangerous

Russia has been a traditional ally of India. India and Russia have had a relationship of trust si

Rozgar Mela: On November 22, PM Modi will give 71,000 appointment letters, confirming jobs will be available in many departments of the Center

On Tuesday, appointment letters for confirmed jobs will be issued to 71,000 youths simultaneously

Confrontation: Resolution passed in Bengal Assembly against the extension of the jurisdiction of BSF, BJP created a ruckus

Tension continues between the Central Government and West Bengal Chief Minister Mamata Banerjee o

Ram Rahim's BJP love before returning to jail: Narrated stories of 21 adopted daughters including Honeypreet, praised PM Narendra Modi

Ram Rahim's parole is over. Before returning to jail, Ram Rahim openly praised PM Narendra Modi

Maha Kumbh: In 19 days, nine times more people than in Delhi took a bath and left, and only six thousand metric tons of garbage was collected

In Maha Kumbh, devotees are also fulfilling the pledge of cleanliness. From 13 to 31 January, 31.

From Salman Khan to Ranveer Singh, these stars left for Italy for the pre-wedding function of Anant Ambani-Radhika Merchant.

Celebrations have started once again at Mukesh Ambani and Nita Ambani's house. Soon the 

Why Russia happy with India is now angry with Indian media

Russia has welcomed the stand of the Indian government so far regarding Russia's attack on Ukrain

Vivo X90 Pro: Vivo's new flagship phone launched with 120W fast charging and a powerful camera, know the price

Smartphone brand Vivo has launched its new flagship smartphone series Vivo X90 Series. This serie

Delhi Airport roof collapse: Modi government comes forward to help the victim's family, compensation will be given to the injured as well

One person died and 8 were injured in the incident of roof collapse of Terminal 1 of Indira Gandh

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash