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IMF places confidence in Georgieva

The International Monetary Fund (IMF) is holding on to its director. Kristalina Georgieva is accused of manipulating a country ranking in China’s favor during her time at the World Bank, her former employer (China.Table reported). The Executive Board of the Monetary Fund has now said it trusts Georgieva’s assertion that she upholds “the highest standards of governance and integrity.” The board had examined the evidence and found it insufficient. The 68-year-old Bulgarian had rejected all allegations.

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