Beware risks of voter giveaways to public finances, countries facing elections told

Beware risks of voter giveaways to public finances, countries facing elections told - short news


IMF says reduction in national insurance may have made cutting UK national debt more difficult

The International Monetary Fund has issued a strong warning to Britain and other countries facing elections this year to avoid voter giveaways that might pose risks to their public finances.

In its half-yearly fiscal monitor, the IMF said the reduction in national insurance contributions (NICs) announced by Jeremy Hunt in his budget last month may have already made cutting the UK’s..


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source: The Guardian - 17.04.2024

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