IMF Managing Director Kristalina Georgieva has been asked to provide explanations by her former employer, the World Bank, over putting pressure on staff to inflate data on China.
According to an independent report by law firm WilmerHale commissioned by the World Bank, executives including the Bulgarian exerted pressure to raise the rating of the Chinese economy in the Doing Business ranking of 2018. That is how, instead of 85th, China ranked 78th.
The investigation also points to manipulations regarding Saudi Arabia's rating last year. The same report also claims that former Finance Minister Simeon Djankov played a key role in the scandals as an adviser. Kristalina Georgieva commented that she did not agree with the findings. She is expected to provide explanations about the World Bank report at an IMF meeting today.
The initiative "Take a Walk with Your Cardiologist" was held in major Bulgarian cities to mark today’s World Heart Day. The Organizers from the Bulgarian Society of Cardiology emphasized the importance of regular moderate physical..
On Monday, there will still be showers in the eastern half of the country. It will stop raining by the evening. Clouds will break in the western part of the country. It will be mostly sunny in Southwestern Bulgaria in the afternoon. There will be..
Traditional folk instruments, including the tambura, gadulka and kaval (shepherd's flute) are expected to disappear from Bulgarian stages within 10 to 15 years if no attention is paid to folk music performers, shows an analysis from a field study..
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
On Monday, there will still be showers in the eastern half of the country. It will stop raining by the evening. Clouds will break in the western part..
Travelling to Israel and staying in the country should be avoided, except in case of emergency, the Bulgarian Ministry of Foreign Affairs said...
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