Liz Truss, the Prime Minister of the United Kingdom, has fired her newly appointed Chief Minister of Finance, Kwasi Kwarteng, due to the country’s worsening economic crisis.
Kwarteng’s dismissal was confirmed in a letter posted on his Twitter account.
Recall that Truss replaced former PM Boris Johnson over the unbearable financial problem bedeviling the nation.
In his reaction, Kwarteng stated that he has “accepted” the development.
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He appreciated the PM for the short period he worked with her in the new role, adding he did his best to address “the economic environment” that “has changed rapidly”.
Foreign media reports that Truss is yet to convince the UK Parliament that her team has what it takes to take the country forward.
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