WASHINGTON, (Reuters) – The International Monetary Fund’s executive board will meet again today with Managing Director Kristalina Georgieva and the law firm that says she pressured World Bank staff to change data to benefit China while serving as the bank’s CEO, according to sources familiar with the plan.
A decision on Georgieva’s future at the global lender is not expected until tomorrow, at the earliest, as finance ministers and other senior officials from many of the IMF’s 190 member countries gather in Washington for the annual IMF and World Bank fall meetings, said one of the sources.
The IMF’s executive board debated the matter for five hours on Friday before adjourning and asking for more “clarifying details”.
The scandal threatens to overshadow the high-profile meetings, where officials plan to discuss the global economy, the ongoing COVID-19 pandemic and global taxation issues in discussions that will be held partly in person and online.
