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.
The US has expressed concern over the supply of S-400 surface-to-air missile defense systems from
Tomorrow is the great festival of Shiva worship i.e. Shivratri. According to the Panchang, this d
The winter of the national capital Delhi has now started coming into its own. Gradually the feeli
A two-day meeting of the United Nations Security Council (UNSC) is being held in India to deal wi
India is preparing to buy Predator drones from America. On Saturday, Navy Chief Admiral R Hari Ku
The 79th British Academy Film Awards (BAFTA 2026) were held at the Royal Festival Hall in London
Allu Arjun's troubles do not seem to be decreasing since the release of Pushpa 2. On December 4,
More than 100 cases of coronavirus infection have been reported in the capital Delhi for 24 hours
Taliban leader Mullah Baradar said - there was no intention to kill Ashraf Ghani
Afghan Deputy Prime Minister Mullah Abdul Ghani Baradar has said the Taliban had no intention of
Know why Rakesh Tikait said - it will not take long for another big movement to arise in the country
Rakesh Tikait, the national spokesperson of the Bharatiya Kisan Union, has once again threatened
