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.
The new chairman of the State Agency for Refugees, Ivan Ivanov, has asked the Council of Ministers to conduct an inspection of the agency . The audit should establish whether there were any irregularities in the spending of funds, reporter Daniel..
A total of eight new European bison (two males and six females) were brought in two stages in June to the area of the village of Zhenda in the Eastern Rhodopes by the Rewilding Rhodopes Foundation, BTA has reported. Satellite transmitter-collars were..
The anniversary of the enthronement of Bulgarian Patriarch Daniil was celebrated at the Rila Monastery today. Hundreds of faithful, clergy, and officials gathered early at the holy site to honor the anniversary of his ascension to the patriarchal throne...
One million vehicles have passed through the Greek Promachonas checkpoint on the border with Bulgaria (opposite Kulata) since the beginning of the year,..
EU Commissioner for Home Affairs and Migration Magnus Brunner, together with Bulgarian Interior Minister Daniel Mitov and Greek Deputy Minister for..
Bulgaria’s Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov met with North Macedonia’s Deputy Prime Minister and Minister..
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