IMF criticises Kwarteng again over tax cuts and energy package

Kwasi Kwarteng will seek to allay concerns about the government’s growth plan at the IMF later this week. Photograph: Oli Scarff/AFP/Getty Images

Kwasi Kwarteng has come under fresh fire from the International Monetary Fund after the Washington-based organisation said his tax cuts and energy support package had made the Bank of England’s battle against inflation more difficult.

The IMF used its prestigious world economic outlook (WEO) to criticise the scale of the stimulus provided by the chancellor and the blanket nature of the price cap on gas and electricity bills.