(MENAFN- Trend News Agency)
British Prime Minister Boris Johnson appointed Nadhim Zahawi as
finance minister on Tuesday, replacing Rishi Sunak who earlier quit
in protest at Johnson's leadership, Trend reports citing Reuters .
Zahawi, 55, inherits an economy that is likely heading for a
sharp slowdown or even a recession, and will face immediate
pressure to do more to help struggling households and to lower
taxes which are on course to hit their highest level in decades.
Zahawi was previously education secretary. He was replaced as
education secretary by Michelle Donelan, previously a junior
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