IMF boss cited in World Bank data irregularities

Kristalina Georgieva is the International Monetary Fund managing director. FILE PHOTO | AFP

The World Bank has discontinued the publication of the annual ‘Doing Business’ reports that ranked countries according to the favourability of their business and investment climates after a review of data irregularities in 2018 and 2020.

In a statement on Thursday, the multinational lender said audits raised ethical concerns involving former board officials and staff.

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