IMF Managing Director Kristalina Georgieva urged UK to seek longer Brexit transition. She told BBC radio that “it is tough as it is” with coronavirus pandemic. “Let’s not make it any tougher”. She added, “my advice would be to seek ways in which this element of uncertainty is reduced in the interests of everybody, of the UK, of the EU, the whole world.”
She also hailed the measures taken by the UK government on countering the economic impact of the pandemic. She said, “that very strong package of measures is helping the UK, but given the UK’s sizeable role in the world economy, it’s actually helping everyone.”
The Brexit transition period is set to end on December 31, with a new trade agreement in place. The time frame to reach a deal between UK and EU was already seen by unachieveable by some. But Prime Minister Boris Johnson has repeatedly said before he won’t seek another delay in Brexit.
