“After reviewing all the data provided, the executive board confirms its full confidence in the management in the person of the managing director and her ability to effectively perform her duties,” the statement said.
As noted, the board "believes that the managing director is committed to maintaining the highest standards of governance and integrity at the IMF."
The report also emphasizes that the fund is committed to consider "possible additional steps" to strengthen standards for research, data collection and accountability mechanisms within the IMF.
Earlier, the executive board of the International Monetary Fund (IMF) asks for additional information regarding the proceedings against the head of the fund, Kristalina Georgieva.
The head of the fund is suspected of demanding that her subordinates raise China's business rating when she was the IMF's executive director.