Regardless of whether IMF chief Kristalina Georgieva was to blame for changes to World Bank data in 2017 that benefited China, the scandal has dented the research reputations of both institutions, former staff, government officials and outside experts say.
Uganda said on Monday it may approach its major creditors including China and the World Bank to negotiate a possible suspension of loan repayments amid a growing default risk after its debt load ballooned 35% in a single year.
Investigations into the roles of now-IMF Managing Director Kristalina Georgieva and former World Bank president Jim Yong Kim in altering World Bank data to favor China are the latest in a series of leadership controversies at the two institutions.
A World Bank programme to help medical clinics in Ivory Coast procure equipment from General Electric (GE.N) and Philips (PHG.AS) could spur the cocoa-producing country's development into a regional medical hub, Prime Minister Patrick Achi said on Sunday.