International Monetary Fund’s executive board on Monday expressed its full confidence in Managing Director Kristalina Georgieva after reviewing allegations that she pressured World Bank staff to alter data to favor China.But U.S.
Treasury Secretary Janet Yellen put Georgieva on notice that she would closely monitor the IMF’s follow-up and evaluate any new facts or findings, and called for proactive steps to reinforce data integrity and credibility at the IMF.The Fund’s 24-member board and the U.S.
Treasury issued separate lengthy statements after a week of marathon meetings over Georgieva’s actions as World Bank CEO that threw into question her continued leadership of the IMF.