Not true, Siderite. I never believe forecasts and just because I’ve quoted it doesn’t mean I think it’s correct. In fact I doubt it very much. It’s the markets and the media that demand these things, not me. I’ve simply quoted it to demonstrate that EVEN the IMF does not believe the Government has ‘crashed the economy’.
As for 2023, I tend to agree with you although the question remains what would have happened without the current strategy? I personally believe growth will be stronger as energy costs are likely to come down given more natural gas will be available. It’s even possible that the Government won’t actually need to support people as much as expected, which will make a huge difference to borrowing and related costs.
