THE Chancellor yesterday admitted his mini Budget caused turbulence.
Kwasi Kwarteng said it was a “dicey situation globally” as he and Bank of England governor Andrew Bailey met finance chiefs in Washington DC.
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But scathing IMF bosses took another pop at Britain – telling Liz Truss “don’t prolong the pain”.
The international financial body swiped at the PM, saying it wasn’t too late for her to U-turn on her financial package of tax cuts that’s spooked the markets.
IMF head Kristalina Georgieva told nations including the UK: “Don’t prolong the pain . . . and make sure actions are coherent and consistent.”
She added: “If there has to be a recalibration, it’s right for governments to do so.
“Fiscal policy should not undermine monetary policy.”
Last week, the IMF issued a warning that the global economy “is more likely to get worse than better.”
Ms Georgieva said even when countries are out of a recession people will still feel worse off because of “shrinking real incomes and rising prices”.
Meanwhile, Tory MPs are at war over whether Liz Truss should be replaced after just 38 days in office.
Despairing MPs predicted the PM would have to get rid of her Chancellor if she were to cling on to power.
