Faisal Islam: What surprise praise for UK economy tells us about the Budget

Image caption, The managing director of the IMF, Kristalina Georgieva, has praised the UK's approach to debt reduction. Get your fiscal health in order, is a key message at the the International Monetary Fund's (IMF) annual meeting here in Thailand. The IMF is worried about the debts of the world's biggest economies. It is doing its job as a watchdog, looking for and warning about financial vulnerabilities. In the meantime, the finance ministers of former crisis countries are boasting about how little their borrowing costs have gone up, compared to the world's biggest economies, such as the US.