British Chancellor Jeremy Hunt claims that the country’s economy is “back” and that the Washington meeting of the International Monetary Fund has praised his growth strategy.
Following a barrage of criticism, his predecessor Kwasi Kwarteng departed the previous IMF meeting in October early.
According to Mr. Hunt, the international lending organization noticed that he was “putting the British economy back on the right track”.
The UK economy, according to the most recent data, did not expand in February.
The IMF predicted on Wednesday that the UK economy will contract by 0.3% in 2023, ranking it among the worst-performing of the world’s major countries.
Mr. Hunt responded, “It’s other finance ministers who are telling me Britain is back,” when asked if the UK’s current performance undermined his optimistic message.
