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'Savings and spending restraint': Jim Chalmers spruiks government's economic management

The article from MSN discusses Australian Treasurer Jim Chalmers' comments on the government's economic management, focusing on savings and spending restraint. Chalmers highlighted that the government has saved $40 billion over the last two budgets, which he claims has helped in managing inflation and providing cost-of-living relief without exacerbating price pressures. He emphasized the government's approach of fiscal discipline, which includes not adding to inflation through excessive spending. This strategy, according to Chalmers, has been instrumental in navigating the economic challenges posed by global inflation and has been part of a broader plan to stabilize the economy. He also mentioned that this approach has been recognized by international bodies like the International Monetary Fund (IMF), which has praised Australia's economic management.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/politics/government/savings-and-spending-restraint-jim-chalmers-spruiks-government-s-economic-management/ar-AA1vZbzY ]