IMF

It has been a turbulent ‘honeymoon’ period for Liz Truss and her government, since she took power last month. Since the former Chancellor, Kwasi Kwarteng, announced his mini budget on 23rd September, the markets have been in turmoil, interest rates have been rocketing, and both the public and her...

On the 28th of March, chief of the IMF, Kristalina Georgieva, referring to the global economy announced that it was “now clear that we have entered a recession.” Alongside this, the IMF predicted the economic repercussions of the coronavirus will far outlast the virus itself. Prospects of “waves of...