The members of Worldwide Financial Fund (IMF) board were unable to come to a concrete decision regarding the further work of Kristalina Georgieva as the Managing Director of the Fund. It is reported by Reuters.
The IMF board met on Sunday with Georgieva and the regulation agency that claims she pressured World Financial institution employees to alter knowledge to spice up China’s “Doing Enterprise” rating when she was World Financial institution CEO in 2017. The discussions lasted for several hours.
“The board made additional vital progress in the present day in its evaluation with a view to very quickly concluding its consideration of the matter,” the Fund mentioned.
The 24-member IMF board plans to satisfy once more on Monday to determine Georgieva’s future on the helm of the worldwide disaster lender. The assembly will come as high officers from lots of the Fund’s 190 member international locations arrive in Washington for the IMF and World Financial institution fall conferences, mentioned the sources, who spoke on situation of anonymity.