IMF chief Georgieva says data-rigging scandal won't hamper IMF-World Bank cooperation

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IMF chief Georgieva says data-rigging scandal won't hamper IMF-World Bank cooperation
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International Monetary Fund chief Kristalina Georgieva on Wednesday distanced herself and the fund from a data-rigging scandal involving her former employer, the World Bank, but said she did not expect the saga to hamper decades of close collaboration between the two institutions.

Georgieva, a longtime World Bank official, on Tuesday insisted in an interview with Reuters that the data issues were limited to the bank's controversial Doing Business series, and had nothing to do with the work of the fund.

At the same time, she underscored her belief that the controversy would not harm strong ties between the two. Those included efforts to combat the COVID-19 pandemic, addressing high debt levels among developing countries and joint work on financial sector assessments.

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