Truss stands by fiscal package, says Britain faces economic pressure

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Truss stands by fiscal package, says Britain faces economic pressure
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Britain's Treasury minister rejects IMF concern over tax-cutting budget

LONDON - British Prime Minister Liz Truss is standing by her fiscal package which sent markets into turmoil this week, saying currencies and economies around the world face tough economic pressures.

Asked if she would reverse the mini budget that shocked markets with the scale of its tax cuts and government borrowing,Less than a month after taking office, Truss’s administration has been battered by a crisis of confidence in her economic policies.

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