UK finance minister vows ‘credible plan’ to reduce debt

  • 📰 malaymail
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

LONDON, Oct 1 ― Britain’s under-fire finance minister Kwasi Kwarteng has promised to unveil “a credible plan” to lower government debt as he defended his contentious...

LONDON, Oct 1 ― Britain’s under-fire finance minister Kwasi Kwarteng has promised to unveil “a credible plan” to lower government debt as he defended his contentious mini-budget that led to market turmoil.

Kwarteng insisted his ministry will next month unveil a “medium-term fiscal plan” that will set out a path to reducing borrowing, alongside “new fiscal rules and a commitment to spending discipline”.published late Friday, he noted a full forecast from the country’s fiscal watchdog, the Office for Budget Responsibility , would also accompany the plan on November 23.

Opposition politicians, independent analysts and even some Tory lawmakers have assailed the plans as reckless and counter-productive.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in FR

France Dernières Nouvelles, France Actualités