The Treasury Select Committee (TSC) has accused the International Monetary Fund (IMF) of trying to avoid public scrutiny over the institution's criticism of the government’s Mini Budget after rejecting a request to appear in front of MPs.
The House of Commons committee has been pressing the IMF to give an on-the-record testimony after its intervention last year, when the organisation said it was "important that fiscal policy does not work at cross purposes to monetary policy" and asked the then-chancellor Kwasi Kwarteng to reconsider his plans. TSC conservative chair and ex-Treasury minister Harriett Baldwin wrote in The Times today (11 January) that the IMF should change its guidance to allow its most senior officials to testify publicly before parliamentary committees of member nations. Although she understood that t...
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