{"id":143366,"date":"2020-04-16T14:50:28","date_gmt":"2020-04-16T14:50:28","guid":{"rendered":"https:\/\/www.bnreport.com\/imf-chief-to-uk-dont-make-life-tougher-by-sticking-to-brexit-deadline\/"},"modified":"2020-04-16T14:50:28","modified_gmt":"2020-04-16T14:50:28","slug":"imf-chief-to-uk-dont-make-life-tougher-by-sticking-to-brexit-deadline","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/imf-chief-to-uk-dont-make-life-tougher-by-sticking-to-brexit-deadline\/","title":{"rendered":"IMF chief to UK: Dont make life tougher by sticking to Brexit deadline"},"content":{"rendered":"

The U.K. would be \u201cwise\u201d not to add to current economic uncertainty by ruling out an extension to Brexit trade talks, the International Monetary Funds Managing Director Kristalina Georgieva said.<\/p>\n

The Brexit transition period during which the U.K. remains a member of the EUs customs union and single market is due to end on December 31.<\/p>\n

A decision on whether to extend that date is due in June, but the U.K. government has so far said it will stick to the timeline despite pressure from a range of sectors<\/a> to extend the deadline. The trade talks themselves have been largely stalled for weeks, with attention focussed on the COVID-19 crisis.<\/p>\n

Georgieva told the BBC in an interview broadcast Thursday that because of the \u201cunprecedented uncertainty\u201d it would be \u201cwise not to add more on top of it.\u201d<\/p>\n

\u201cI really hope that all policymakers everywhere would be thinking about [reducing uncertainty]. It is tough as it is, lets not make it any tougher,\u201d she said.<\/p>\n

On the specific question of whether the trade talks should be extended, Georgieva said: \u201cMy advice would be to seek ways in which this element oRead More \u2013 Source<\/a>
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politico<\/a><\/h5>\n

[contfnewc]
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The U.K. would be \u201cwise\u201d not to add to current economic uncertainty by ruling out an extension to Br..<\/p>\n","protected":false},"author":1,"featured_media":143367,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-143366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nIMF chief to UK: Dont make life tougher by sticking to Brexit deadline - Business News Report<\/title>\n<meta name=\"description\" content=\"The U.K. would be \u201cwise\u201d not to add to current economic uncertainty by ruling out an extension to Br..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/imf-chief-to-uk-dont-make-life-tougher-by-sticking-to-brexit-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF chief to UK: Dont make life tougher by sticking to Brexit deadline - 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