$34.4 Billion Britain Needs To Spur Economic Growth

  • London, United Kingdom
  • 7 August 2024
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The think tank Deimos has called on the British government to inject 27 billion pounds ($34.4 billion) to spur economic growth. Government spending must be increased to attract enough private capital to keep pace with other countries in the Group of Seven.

The center highlighted the importance of large investments to stimulate economic growth, as government spending can play a crucial role in stimulating private investment. The Centre proposes to direct these investments into infrastructure, innovation, and education, which can contribute to strengthening Britain's long-term competitiveness, as these steps are necessary to ensure that Britain remains a major player in the global economy.

Source (Al-Rai Kuwaiti Newspaper, Edited)

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