18.Oct .2021 02:52

#TheCheckpoints - IMF Comments on the Scandal for The Checkpoints


World Economic Outlook wasn't the only reason that the IMF came into the focus of The Checkpoints, right? Definitely, David. Another big reason was of course the scandal around the most influential International Financial Institution globally. We can now definitely say that the IMF Chief Kristalina Georgieva survived the China scandal. The IMF executive board announced it had "full confidence" in her "leadership and ability to continue to effectively carry out her duties." At the heart of the board’s deliberations was an inquiry, published last month, that accused Georgieva of pressuring World Bank staffers to boost China’s ranking in the annual Doing Business report for 2018. The Checkpoints is in the middle of global events as well. Here is what Jihad Azour, the Director of the Middle East and Central Asia Department at the International Monetary Fund told The Checkpoints on the issue