IMF board fails to decide on Georgieva

US and Japan call for resignation but China and many European countries back IMF head

Kristalina Georgieva
Kristalina Georgieva
Photo: IMF/Kim Haughton

The International Monetary Fund’s board has failed to agree on whether Kristalina Georgieva should remain as its managing director after a series of lengthy meetings.

Georgieva’s position has been in question since the World Bank published a report accusing her of pressuring staff to distort data to favour China. The IMF head served as the World Bank’s chief executive, essentially its second most senior official, from January 2017 until late 2019.

The report, published on September 16, found

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