Chinanews, October 13th, a comprehensive report, the Executive Board of the International Monetary Fund (IMF) issued a statement on the 11th local time, emphasizing "full trust" in the leadership of IMF President Georgieva and supporting it to continue to serve as the institution The post of president.

The media pointed out that this means that the so-called allegations that Georgieva "beautifies China's business environment data" lack evidence.

  The British "Financial Times" reported earlier that the United States wanted to replace Georgieva and even wooed Japan's support, but the European Union opposed it.

Major European countries such as Britain, France, Germany and Italy, as well as Russia, all support Georgieva's stay.

  In fact, after the IMF reiterated its support for Georgieva, U.S. Treasury Secretary Yellen admitted that the allegations lacked direct evidence and the IMF did not have a reason to change its leadership.

But it also stated that the IMF must take active measures to strengthen the integrity and credibility of its data.

Data map: Georgieva, President of the International Monetary Fund (IMF).

Photo by China News Agency reporter Sha Hanting

[The President of the IMF was accused of "manipulating data"]

  Georgieva is a Bulgarian economist and the first head of the IMF from a developing country.

Prior to serving as the President of the IMF, she served as the Chief Executive Officer of the World Bank from January 2017 to September 2019, and served as the Acting President of the World Bank from February to April 2019.

  In April 2019, Malpass, the then U.S. Deputy Treasury Secretary and Republican, became the World Bank's chief. In 2020, the World Bank suddenly announced that the organization’s "2018 Global Business Environment Report" had "manipulated data". It also commissioned WilmerHale to investigate the matter. The four persons responsible for investigating the incident had all served in the U.S. District Attorney’s Office or District Court before joining the law firm.

  The survey report released in September 2021 claimed that Georgieva had “pressured her subordinates” during her tenure at the World Bank, demanding “enhance China’s status in the World Bank’s influential Doing Business Report”. Ranking".

China's final ranking in this report is 78th.

The survey pointed out that China's ranking in the draft report "originally was 85th."

  However, Georgieva strongly denied the accusations.

In 2018, the former Harvard University professor Dvalayan who was in charge of World Bank-related projects also explicitly denied that Georgieva had put pressure on her team.

  In fact, after Georgieva left the World Bank and joined the IMF, China's ranking rose to 31st in 2020 and to 25th in the unreleased 2021 report.

Data map: Georgieva, President of the International Monetary Fund.

Photo by China News Agency reporter Hou Yu

[IMF Board of Directors: Fully trust Georgieva]

  The 24-member IMF board held a week-long marathon meeting on this matter.

Reuters reported that the executive board held a five-hour debate on October 8, then adjourned the meeting and held separate meetings with Georgieva and Weikaiping and the lawyers of the German law firm on the 10th.

These meetings lasted until the evening of the 10th.

  The IMF board of directors finally issued a statement on October 11 stating that the board believed that the information provided in the review process could not conclusively prove that Georgieva played an improper role in the incident.

  "After studying all the evidence, the board of directors reaffirmed that it has full confidence in the president's leadership and ability to effectively perform his duties. The board trusts the president's commitment to maintain the highest standards in the governance and impartiality of the IMF."

  Georgieva then issued a statement thanking the IMF for agreeing that "the allegations against her are baseless."

She said: "This is obviously the most difficult time for me personally. However, I want to make it clear that I firmly support the independence and integrity of international organizations such as the World Bank and the International Monetary Fund, and respect anyone who protects the values ​​of these organizations. "

  Georgieva also said in an interview with foreign media on the 12th that she refocused on severe global challenges.

"We have difficult problems to solve, and we need the IMF's strong position to serve its members." She said that she plans to meet with IMF staff after the first week of the annual meeting of the IMF and the World Bank.

  On the other hand, US Treasury Secretary Yellen said on the 11th that the independent investigation raised worrisome "reasonable" issues, but admitted that the allegations lack direct evidence and the IMF does not have a reason to change its leadership.

Yellen stated that the IMF must take active measures to strengthen the integrity and credibility of its data. Georgieva and other leaders of the IMF must reiterate their commitment to the IMF and are committed to safeguarding the IMF’s research, analysis and research. Policy transparency.

[Comment: The IMF should not succumb to the US anti-China meeting]

  The British "Financial Times" quoted a comment saying that the fierce attack on Georgieva actually cares, "It is not the so-called sanctity of World Bank data or the quality of her management", but China's role in multilateral institutions. Role, the headquarters of this organization, is located in Washington.

  Many people in the US Congress want Georgieva to leave because she is "not a mortal enemy of Beijing."

  The report stated that, in fact, the allegations against Georgieva were "trivial" and the IMF should not succumb to the "hysterical" anti-China forces in the US Congress.