Clive Efford
Main Page: Clive Efford (Labour - Eltham)Department Debates - View all Clive Efford's debates with the HM Treasury
(1 year, 3 months ago)
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James Cartlidge
The hon. Gentleman mentions defence, but he might want to explain to his constituents why, at the last general election, he backed the right hon. Member for Islington North (Jeremy Corbyn), whose policy would have had us leave NATO and undermine the nuclear deterrent.
We have stood by the people of Ukraine in the face of a real war. We have not deployed into the theatre, but we have done everything possible short of that, including training the Ukrainian army since 2015. So yes, I will tell the hon. Gentleman’s constituents the truth: they should be proud of what this country is doing for the people of Ukraine.
Clive Efford (Eltham) (Lab)
I wonder whether the Minister thinks that the sanctions against Russia are having the desired effect. If he thinks that they are, as I suspect he does, can he explain why the IMF predicts that Russia will fare much better than us?
James Cartlidge
I am happy, once again, to refer to what the IMF said. At this morning’s press conference, Pierre-Olivier Gourinchas, the IMF’s economic counsellor, confirmed
“the good news: the UK economy has actually done relatively well in the last year. We’ve revised”
growth
“upwards to 4.1%...that’s one of the highest growth rates in Europe”.