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The UK finance minister prepares a pre-election budget for October

September 21, 2019


The UK finance minister, Sajid Javid, is preparing a pre-election budget for the week of October 21, in case the country reaches a Brexit agreement with the European Union and Parliament votes in favor of it.

Thus, the British newspaper 'Financial Times' has reported that Javid cannot yet announce the date for the presentation of this budget, because the plan depends on an agreement being reached so that any forecast of the Office of Budget Responsibility is positive .

The plan would also allow the finance minister to borrow more money, as it could coincide with a new and more flexible fiscal framework, the report said.

This announcement comes after the president of the European Commission, Jean-Claude Juncker, said Thursday that he believes an agreement with the United Kingdom is possible for Brexit, before adding that the 'backstop' could be replaced by other alternatives if there is guarantees that “the objectives are met”.

Johnson, meanwhile, said the British government “wants to leave (the block) in a way that protects Ireland, ensures that there is no hard border of any kind in Northern Ireland and protects the Good Friday Agreement.”

“We think we can do it and we think we can find a way forward,” said the British 'premier', who also stressed that Juncker said Wednesday he doesn't have an “emotional attachment” to the 'backstop'.

In this sense, he defended that “this is a progress”, since “that is not something that (the EU) said a month ago”. “We will see where we arrived,” he argued, while reiterating that the United Kingdom “must prepare” for an exit without agreement.

“We will be prepared for a situation without agreement on October 31. We must do both at the same time,” said the British Prime Minister, according to the British television network BBC.