IMF board forms group to review data integrity after World Bank scandal

The IMF board said in a statement that it aims to present the review by the next Spring Meetings in April 2022. The review has "the objective of helping to ensure the staff, Management, and Executive Board maintain the highest possible standards around internal governance, use of data, and accountability."

WASHINGTON: The International Monetary Fund's Executive Board on Friday said it has formed a steering group to lead a review to improve institutional safeguards on data and governance after clearing IMF Managing Director Kristalina Georgieva of wrongdoing in a World Bank data-rigging scandal.

The IMF board said in a statement that it aims to present the review by the next Spring Meetings in April 2022. The review has "the objective of helping to ensure the staff, Management, and Executive Board maintain the highest possible standards around internal governance, use of data, and accountability."