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severe economic crisis; UK Finance Minister Kwasi Kwarteng fired Finance Minister Liz Truss

London – British Finance Minister Kwasi Kwarteng has been expelled from the government. The action comes less than six weeks after the new government led by Prime Minister Liz Truss took office. Kwasi faced huge criticism for his economic reforms in the country.

The announcement of the tax relief at a time when Britain was experiencing a severe economic crisis had led to a market crash. The expulsion follows. Kwasi Kwarteng, who had traveled to Washington for the meeting of the International Monetary Fund (IMF), was recalled and fired.

With this, Kwasi Kwarteng became the lowest minister since 1970. He will almost be replaced by former Foreign and Health Secretary Jeremy Hunt.

Summary in English: British Finance Minister Kwasi Kwarteng was sacked

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