Mr Osborne: International Monetary Fund

International Monetary Fund: His speech comes a year after the International Monetary Fund said Mr Osborneas austerity policies were "playing with fire". , according to BBC. Speaking while in the US capital for the spring meetings of the IMF and World Bank, the chancellor said that cutting deficits and controlling spending had "laid the foundations for sustainable growth". 'Credible' Mr Osborne said critics of the governmentas economic plan have been proved "comprehensively wrong". Labour said Mr Osborne was "out of touch" with the millions of people in the UK facing a cost-of-living crisis. (news.financializer.com). As reported in the news.