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World Bank kills 'Doing Business' report after probe concludes pressure on rankings
Updated: 2021-09-17 05:58:47 KST
The World Bank Group has halted publication of its business climate report following a probe into data irregularities.
The decision came Thursday after internal audit reports raised ethical issues on the "Doing Business" 2018 and 2020 reports after an investigation was carried out by the law firm WilmerHale.
The probe concluded that senior officials, including then-World Bank President Jim Yong Kim and then-CEO Kristalina Georgieva, applied "undue pressure" to improve China's ranking in its 2018 report .
It also cited irregularities used to determine rankings for other countries in 2020.
Reporter : shmin@arirang.com