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.
Acting Chief Prosecutor Borislav Sarafov, the Minister of the Interior Kalin Stoyanov and the chairman of the State Agency "National Security", Plamen Tonchev, have signed a joint order for actions of the institutions to guarantee..
Readiness to vote on June 9 was declared by 40% of respondents in a nationally representative survey conducted by the "Alpha Research" agency. 35 percent will vote for European Parliament because many Bulgarian communities in..
Since the beginning of this unprovoked war, we have been providing consistent assistance to Ukraine at all possible levels. Bulgaria will continue with its support for Ukraine, caretaker Prime Minister Dimitar Glavchev said in a..
On Thursday, minimum temperatures in the country will be between 9 and 14°C , with 12°C in Sofia. The weather will be cloudy and rainy during the day,..
On 8 May Bulgarian President Rumen Radev will pay an official visit to Azerbaijan at the invitation of his Azerbaijani counterpart, President Ilham..
The National Revenue Agency (NRA) and the Customs Agency have started a physical inventory of Lukoil-Bulgaria's stocks. This was announced by Prime..
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