Despite a nearby context of public finance, the British government announced Sunday that 2030 in science and technology or defense would invest 86 billion books (102 billion euros). London must present their budget options on Wednesday, June 11 for the next few years.
If the Labor Finance Minister Rachel Reeves announced in recent months, Frank cuts public budgets to balance current expenses, has also authorized more loans for investments, unlocking a total of 113 billion pounds for the purposes of the decade.
The executive plans to invest “in population priorities: health, security and economy,” the government said in a statement.
The minister is expected to announce an increase in the budget on Wednesday up to 30 billion pounds (36 billion euros) in three years for the public health service in crisis on Wednesday.
Necessary but criticized decisions
After a detailed review of government expenses for several months, the presentation of Rachel Reeves’s orientations is anxiously expected.
It seems acquired that defense, such as health, will see its increase in the budget, but other ministries will have to tighten their belts, beyond the cuts already announced in March, especially in aid for disabled people or the operational costs of the administration.
These decisions were strongly criticized, and thousands of people gathered on Saturday in downtown London to protest against these arbitrations, wielding the signs “imposed on the rich, we stop the cuts.”
The government investment plan must allow in particular the development of “innovation centers” throughout the country, and will give latitude to local authorities to decide how to aim at financing.
Rachel Reeves expects these expenses to give a slow growth, which can also suffer the commercial war launched by the United States.
The Government had already announced at the beginning of the week, there also in the context of the budgets that will be detailed on Wednesday, which doubled the investments dedicated to public transport in the urban regions of England by 2030, to more than 15 billion pounds.
Source: BFM TV
