IMF tells Brown to squeeze his spending

GORDON Brown faced a renewed warning today from the International Monetary Fund that an intense squeeze on public spending will be essential if he is to meet his self-imposed budget rules.

As the Treasury gears up for next year’s three-year comprehensive spending review, the IMF warned the Chancellor may have to tighten the screws on government departments even more than he has already signaled.

IMF warns Brown to tighten screws on spending – Economics – Times Online

Advertisements

Comments are closed.

%d bloggers like this: