Mr. Speaker, my question is for the Secretary of State for International Financial Institutions.
It is being reported today that the secretary of state has said that the government will release an economic statement in September which will include spending cut announcements. Reformers have been demanding such action for months and wish to be assured that this statement accurately reflects the position of the government.
Do the remarks of the secretary of state mean that today the government is prepared to tell investors, taxpayers and lenders in clear language, yes, we will announce deeper spending cuts in September?