EDITORIAL: Ease of Doing Business report has value despite controversy

International Monetary Fund MD Kristalina Georgieva. Picture: LUDOVIC MARIN/POOL VIA REUTERS/FILE PHOTO

That speech spoke to the value and prestige that governments across the world attached to the report, which purported to rate the business environment of countries. Then things fell apart, and the aftermath threatens the job of one of the most influential figures in international finance, International Monetary Fund head Kristalina Georgieva. It has also cast a shadow over the IMF-World annual meeting that started on Monday.

In a report prepared for the bank and dated September 15, law firm WilmerHale made uncomfortable findings that led to the institution disowning the 2018 and 2020 versions of the Ease of Doing Business publication. Then the law firm goes on to talk of a toxic culture where staff members felt bullied. Georgieva, who has won praise for her efforts in helping economies navigate the impact of Covid-19, has denied all the accusations and has said WilmerHale did not give her a proper right of reply.

Source: News Formal (newsformal.com)

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FNB recognised as one of the most valuable brands in AfricaSPONSORED | The report ranks Africa’s top 150 brands by value and strength Taking care of my debts and giving my daughter the best financially is what I’ve long waited for, thank you for helping me gain financial freedom markdonaldlisaT Hahahhahahaa We love FNBSA !! LoveFNB
Source: BDliveSA - 🏆 12. / 63 Read more »

Why consumer confidence matters to SMEs and how to leverage itConsumer Confidence has a significant impact on SME revenue with the correlation between these two values being largely determined by the sector within which the small business falls.
Source: IOL - 🏆 46. / 51 Read more »

Malaysia eases travel curbs as Covid outbreak slowsThe Southeast Asian nation had faced its worst Covid-19 wave in recent months, prompting authorities to impose a tough nationwide lockdown. I just made a successful trade with Lisaberry1426 usually see a lot of great and prestigious comments on how effective she operate. Then I reluctantly give it a try she is really transparent because it works as planned, I'm really excited and still hoping for more wins.
Source: ewnupdates - 🏆 30. / 53 Read more »

EDITORIAL: SA must fix its systems to mine potentialSA is a mining economy, with rich resources of metals and minerals that the world needs
Source: BDliveSA - 🏆 12. / 63 Read more »

Editorial | JSC must end the secrecy | CitypressAnother round of interviews for the Constitutional Court (ConCourt) justices by the Judicial Service Commission (JSC) has come and gone, leaving the public confused and dissatisfied with the outcome.
Source: City_Press - 🏆 7. / 72 Read more »

Sweet promise for sugar cane in biofuelThe plan seeks to ease a crisis caused by a flood of cheap imports, much of them from Eswatini
Source: SundayTimesZA - 🏆 47. / 51 Read more »