The IMF considers the UK’s new tax plan appropriate

The International Monetary Fund (IMF) gave its initial approval to the new fiscal plan presented by the UK on Thursday which marks a change of course with respect to the one announced just two months ago, when Liz Truss was still a principal. Minister.

In contact with the minister [de Finanzas] Hunt, you welcomed the UK’s Autumn Statement, which has been prepared at a difficult time for the UK economy, which is facing strong global headwinds. “It strikes the right balance between fiscal responsibility and protecting growth and vulnerable families,” said IMF Managing Director Kristalina Georgieva.

Hunt stressed on Thursday that the UK is in recession during his Autumn Budget Statement, which outlines tax increases, including an increase in the rate applied to windfall profits by energy companies, and a cut to the upper limit on income taxes, which will take place. Increased number of affected taxpayers.

The fund criticized the previous British fiscal plan, which focused on tax cuts, because its measures would have increased inequality and because it assumed an increase in inflationary pressures by adopting non-targeted measures.

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