UK Chancellor: Budget Will Protect Economic Resilience of the Country
15.10.2026, 18:11·
COLLECTED AND VERIFIED AUTOMATICALLY
Britain's Chancellor of the Exchequer addressed the annual meetings of the International Monetary Fund (IMF) in Bangkok, where he outlined Britain's approaches to cooperation with international partners amid global economic difficulties. According to him, his primary task is to ensure the resilience of the country's economy, and the upcoming budget is designed to accomplish this goal. The Chancellor emphasized the importance of international cooperation in strengthening conditions for economic growth against a backdrop of unfavourable global conditions. The speech took place as part of a broader discussion among world financial leaders on ways to overcome current challenges, including inflationary pressure, trade restrictions, and slowdowns in growth in a number of major economies. The British government representative noted that authorities will need to balance maintaining fiscal discipline with the need to stimulate economic growth within the country. In his remarks, he also touched on cooperation with international financial institutions and other states to develop coordinated responses to global challenges. Details of the upcoming budget have not yet been fully disclosed, but the Chancellor made clear that the document will be aimed at strengthening the country's financial stability. The IMF meetings in Bangkok traditionally bring together finance ministers and central bank governors from around the world to discuss the state of the global economy and develop joint approaches to addressing pressing issues.
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