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Chancellor: Those measures are on top of plans...>

UK
MNI (London)
UK: Chancellor: Those measures are on top of plans that I will set out later in
this Budget, which provide an additional fiscal loosening of gbp18bn to support
the economy this year. That means I am announcing today, in total, a gbp30bn
fiscal stimulus to support British people, British jobs and British businesses
through this moment. Of course, if further action is needed as the situation
evolves - I hope the whole House knows, I will not hesitate to act. I believe
this represents one of the most comprehensive economic responses of any
government anywhere in the world, to date. The Governor of the Bank of England
and I are in close contact with our counterparts, around the world, in the G7
and the G20. And to support the global response, I'm also making new funding of
gbp150m available for the IMF's relief efforts
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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