UK Finance Minister Urges Borrowing Control at IMF
British finance minister John Healey will call on major economies to establish credible plans for budget discipline and debt control during his first International Monetary Fund meetings. He prepares to deliver his inaugural budget later this month amid mounting fiscal pressures.
British finance minister John Healey will urge major economies to enforce strict budget discipline and manage borrowing during his debut attendance at the International Monetary Fund annual meetings starting Monday morning. The meetings bring global policymakers together in Bangkok to address widening fiscal pressures. The talks come as rising government debt costs and geopolitical conflicts threaten international economic stability.
