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IMF says UK should consider 'well-targeted' action on energy prices

IMF says UK should consider 'well-targeted' action on energy prices
IMF says UK should consider 'well-targeted' action on energy prices Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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- Britain should consider more support for the poorest households which will face a big increase in their energy bills when regulated prices rise in April, the International Monetary Fund said on Tuesday.

"Very targeted, well-targeted support is important," IMF Deputy Managing Director Gita Gopinath said at a news conference when asked if Britain's government should provide more support for low income households.

"This should be well-targeted support to highly vulnerable households who are having to face very high cost increases ... That would be useful. These energy costs are going to go up in April further," she added.

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