Rishi Sunak must slash Britain’s benefits bill instead of relying on immigration if he wants to get the country’s debts under control, according to an official at the UK’s budget watchdog.
Finance Minister Nirmala Sitharaman stated that the government is implementing "reassuring" measures to reduce the debt-to-GDP ratio. She highlighted that this ratio remains lower compared to certain developed countries, indicating that concerns regarding India s debt sustainability are exaggerated.
Powell, who said he normally doesn’t comment on politics, criticized lawmakers for “effectively borrowing from future generations” with their “unsustainable” policies.