IMF Managing Director Kristalina Georgieva has been asked to provide explanations by her former employer, the World Bank, over putting pressure on staff to inflate data on China.
According to an independent report by law firm WilmerHale commissioned by the World Bank, executives including the Bulgarian exerted pressure to raise the rating of the Chinese economy in the Doing Business ranking of 2018. That is how, instead of 85th, China ranked 78th.
The investigation also points to manipulations regarding Saudi Arabia's rating last year. The same report also claims that former Finance Minister Simeon Djankov played a key role in the scandals as an adviser. Kristalina Georgieva commented that she did not agree with the findings. She is expected to provide explanations about the World Bank report at an IMF meeting today.
PP-DB and MECH have common goals regarding anti-corruption legislation, but have differences when it comes to possible partnerships in government. The two parties met to discuss the possibilities of forming a government, but during..
The Ministry of Health firmly supports the idea of building a proton therapy center. According to a statement from the Health Ministry's press office, the public procurement for its design has been entrusted to the University Specialized Hospital for..
During the official presentation of the results of the inspection in the Air Force after the fatal crash of a training airplane at the "Graf Ignatievo" airport, which cost the lives of two pilots, caretaker Minister of Defense Atanas..
The chairman of the Bulgarian Socialist Party-United Left urged the political forces in the new parliament to put their party selfishness aside so..
A government can be formed without DPS – A New Beginning, the Alliance for Rights and Freedoms, Vazrazhdane and MECH. All others can form a..
After two rounds of voting, the 51 st parliament failed to elect a National Assembly president. None of the candidates nominated – Natalia..
+359 2 9336 661