The executive board of the International Monetary Fund will meet again today with Managing Director Kristalina Georgieva and the law firm that claims that the official pressured World Bank staff to change the data for the benefit of China while serving as executive director of the entity, according to sources familiar with the plan.
It is estimated that there could be some definition tomorrow, when finance ministers and other officials from many of the IMF’s 190 member countries gather in Washington for the annual fall meetings of the IMF and the World Bank, one of the sources said.
The IMF executive board debated the matter for five hours on Friday before adjourning the session and asking for more “clarifying details.”
The scandal threatens to overshadow high-profile meetings on the global economy, the Covid-19 pandemic and global fiscal issues, in discussions to be held in part in person, with other gatherings online. In normal years, the event draws about 10,000 people.