Kristalina Georgieva risks seeing her authority as head of the International Monetary Fund undermined just weeks before an annual meeting of global finance chiefs, after being accused of influencing a report in China’s favor when she worked at the World Bank.
Georgieva on Thursday said that she “fundamentally” disagreed with the finding -- by an outside law firm engaged by the World Bank -- that she had applied pressure on the bank’s staff to boost China’s ranking in an economic report. She informed the IMF board of the allegations on Thursday and will be addressing the fund’s staff Friday, according