Tuesday, August 18, 2026

No evidence Managing Director Georgieva rigged 2018 Doing Business Report: IMF

“Information presented…did not conclusively demonstrate that the managing director played an improper role regarding the Doing Business 2018 Report.”

• October 12, 2021
Kristalina Georgieva
International Monetary Fund Managing Director, Kristalina Georgieva (Photo Credit: @KGeorgieva)

There is no conclusive evidence that the International Monetary Fund MD Kristalina Georgieva is guilty of misconduct allegations in data rigging controversies surrounding the Doing Business Report of 2018, the global financial institution says.

In a statement on Monday, IMF said Ms Georgieva, while as CEO of World Bank, did not interfere with the Doing Business report of 2018 when she was the CEO of World Bank.

The IMF said its review did not conclusively demonstrate that the Managing Director played an improper role regarding the Doing Business 2018 Report.

“Information presented in the course of its review did not conclusively demonstrate that the managing director played an improper role regarding the Doing Business 2018 Report when she was CEO of the World Bank,” IMF noted. “Having looked at all the evidence presented, the executive board reaffirms its full confidence in the managing director’s leadership and ability to continue to effectively carry out her duties. The board trusts in the managing director’s commitment to maintaining the highest standards of governance and integrity in the IMF.”

The IMF board reiterated its commitment to supporting Ms Georgieva in maintaining the highest standards of governance and integrity in the IMF’s data, research, and operations.

Ms Georgieva has since September been under pressure after a report by law firm WilmerHale alleged that the IMF boss was directly involved with efforts to improve China’s ranking in the Doing Business Report.

The doing business report is an annual World bank global rating that examines how friendly a nation is to do business in.

In 2018, there were irregularities in the Doing business report as China initially ranked 85 was subsequently moved up to rank 78, the same level as the year before.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Heading 2

FBI announces recruitment exercise in U.S, other countries 

Mr Rothrock said America needs help to sustain its national peace from home and around the world.

terrorists in Unguwar Rogo Village

States

Troops foil mass abduction in Zamfara 

The spokesman for the operation said the incident occurred on Sunday.

Peter Obi

Heading 5

Obi demands compensation for victims of electoral violence, killings in Osun

The NDC chieftain stressed the need for a democracy where elections are conducted without violence. 

flooding in Abuja.

Abuja

Nigeria’s capital city Abuja flooded, vehicles submerged as FCT residents accuse Wike of encroaching on green areas

According to Mr Olayinka, the FCT administration is working to improve the drainage system. 

Awoniyi in Conventy City shirt 

Sport

Coventry City confirm signing of Taiwo Awoniyi  from Nottingham Forest 

In 2022, Awoniyi signed with Nottingham Forest in a record fee worth €17.2 million.