Categories
National politics

OECD endorses spending review

Yesterday the OECD issued a statement endorsing the UK’s comprehensive spending review.

OECD Secretary General Angel Gurría said:

Budgetary consolidation is never easy but the timing and scope of the measures balance concerns for near-term growth with the need to stop the snowballing of debt and to preserve credibility. The measures are tough, necessary and courageous. Acting decisively now is the best way to secure better public finances and bolster future growth.

Sounds good to me.

One reply on “OECD endorses spending review”

Good for a triple star rating which we clearly need.

Not good for the poorest 10% who according to Desperate Dan will be hit the hardest.

Who cares?

Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s