
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.
Claim in UNESCO report: 13.20 crore boys out of reach of school, girls ahead in studies too
About 1.32 million boys of primary and secondary schooling age are out of reach of the school and
In the last 24 hours, 16,866 new cases were reported in the country and 17,477 patients were cure
Salaar OTT Release: KGF director Prashant Neel's film Salaar broke records at the box office. The
Amid the Russia-Ukraine war, North Korea has spoken of recognizing the Donbas as a separate count
Flu is spreading in Russia these days. It is considered dangerous for the elderly and already sic
Gurgaon News: Miscreants attack religious place in Gurugram, one killed; two injured
After a violent clash in Nuh, some miscreants attacked a religious place in Gurugram's Sector-57
Varanasi Gyanvapi Case: The Hindu side has filed a petition in the Allahabad High Court for an in
In the IPL 2026 season, the decision by Lucknow Super Giants (LSG) captain Rishabh Pant to open t
Actress Ankita Lokhande was last seen in Salman Khan's popular reality show 'Bigg Boss 17'. Durin
Personnel of the National Disaster Response Force, who arrived to assist in rescue operations fol