The International Monetary Fund: The price increase crisis in Britain will worsen

The International Monetary Fund has reiterated its criticism of Britain's Chancellor of the Exchequer's mini-budget, days after it warned it would exacerbate price increases.

The institution, which works to create financial stability in the world, acknowledged that the tax cuts announced by Quazi Quarting would boost economic growth in the short term, but said that the exemptions would complicate the campaign to confront the rising costs of living.

The fund said 2023 would be a "stagnation year" for many.

Inflation, which monitors the change in life costs over time, is expected to rise to 11.3 percent before the end of the year in the United Kingdom, according to the Fund's latest report on the outlook for the global economy.

The most recent data contained in the report published by the influential financial institution does not take into account the mini-budget of the Minister of Finance