Pak Sahafat – The Prime Minister of England, whose country spent the last year with rampant inflation and high prices, admitted that there is no guarantee of reducing inflation in 2023.
According to Pak Sahafat News Agency’s report on Sunday, Reuters news agency wrote: Rishi Sunak, while admitting that there is no guarantee that inflation in England will decrease this year, stated that his government should act in a controlled manner and comply with certain regulations or standards to ensure a decrease in inflation.
Stating that in order to curb inflation, one must follow the regulations and make responsible and correct decisions, and said: “It is really important to act in this way.” This is not an abstract issue and it affects people’s lives.
The British Prime Minister had previously promised to curb inflation. According to the Associated Press news agency, in his first speech in 2023, Sunak promised to reduce inflation by half, help the economic prosperity of England and reduce illegal immigration.
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Sunak, who took office after a period of political instability in the UK, has also pledged to reduce the UK’s national debt and introduce new regulations to reduce the flow of migrants onto UK shores using small boats.
Sunak’s predecessor, Prime Minister Liz Truss, unveiled a disastrous package of unfunded tax cuts last September and was forced to resign after less than two months in office. The TRS policies reduced the value of the British pound and increased the cost of borrowing, prompting an emergency intervention by the Bank of England.
According to IRNA, in a message on the occasion of the New Year, the British Prime Minister also described the Covid-19 disease and the war in Ukraine as the cause of the “difficult 12 months” in his country and warned the people that the problems will continue in the coming year (2023).
Ignoring the impact of Liz Truss’s disastrous September decisions as one of three Conservative prime ministers in 2022, Sunak said his cabinet had made “difficult but fair decisions” to control the UK government’s borrowing and debt.