British Prime Minister Liz Truss said her bailout plan was “the right plan” and set the country on a better path despite the pound’s fall and market turmoil.
Trace said the package, unveiled last week by Treasury Secretary Kwasi Quarting, “put the country on a better long-term path” but acknowledged that high growth “will not come overnight.”
She blamed the global situation, including the war in Ukraine, on Britain’s economic woes, adding: “As Prime Minister, I have to do what I think is right for the country and what will help move our country forward.”
“There are many people with different opinions. But I don’t think anyone will argue with the fact that we had to take action to cope with a very difficult economic situation,” Truss said.
Source: The Independent