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MercoPress, en Español

Montevideo, December 23rd 2024 - 11:29 UTC

Tag: Sunak

  • Tuesday, July 13th 2021 - 09:05 UTC

    Vote in parliament to reverse UK's decision to cut overseas aid

    In 2020 UK's budget deficit was nearly £300 billion, 14% of GDP and in March government forecasted it did not expect spending to reach a balance before 2025

    The British parliament will vote this Tuesday on a reverse decision to cut the United Kingdom's overseas aid. Chancellor of the Exchequer Sunak addressed a statement to parliament on Monday that the decision to limit foreign aid would be reversed once the UK no longer needs to borrow to fund daily needs and public debt begins to fall.