How World Bank manipulated Doing Business report to favour China, Saudi Arabia – Investigators

A probe launched by the World Bank in respect of anomalies in the data used in preparing its Doing Business 2018 and Doing Business 2020 reports has revealed how senior staff of the lender manipulated data to favour China and Saudi Arabia and lower the ranking of Azerbaijan.

Findings by an independent investigator issued on Thursday showed Kristalina Georgieva, the then chief executive of the Washington-based multilateral lender who now heads the International Monetary Fund , heaped “undue pressure” on employees to boost China’s position on the Doing Business 2018 ranking.

A 16-page report by the external investigator seen by PREMIUM TIMES spotlighted China and Saudi’s influence at the World Bank and Ms Georgieva’s judgement and that of Jim Yong Kim, then-president of the World Bank as a major cause of concern. “In the month leading up to the publication of the report, outreach from senior Chinese officials to Bank leaders over the country’s ranking in Doing Business intensified.

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World Bank discontinues ease of Doing Business report after 18 yearsThe World Bank Group on Thursday said it has discontinued the publishing of its Ease of Doing Business report after 18 years - the first edition was published in 2003.
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World Bank ends 'Ease of Doing Business' reports after 'irregularities'The group says it will be working on a new approach to assessing the business and investment climate. Lol
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