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World Bank cancels Flagship ‘Doing Business’ report after investigation

World Bank cancels Flagship ‘Doing Business’ report after investigation

The World Bank canceled a prominent report assessing the business environment in the countries of the world after a study concluded that top bank management pressured staff to change data affecting China and other nations’ rankings.

The leaders involved include then-World Bank CEO Kristalina Georgieva, now CEO of the International Monetary Fund, and then World Bank President Jim Yong Kim.

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