JAKARTA - British Prime Minister Liz Truss announced her resignation just six weeks after being sworn in, the impact of an economic program that shocked financial markets and divides the Conservative Party.

Speaking outside the office door No. 10 Downing Street, Truss accepted she was unable to fulfill the promise she made when she ran for Conservative leader, for losing the trust of her party.

"But I admit, given the situation, I cannot deliver the mandate I chose by the Conservative Party. Therefore, I have spoken to His Majesty Raja to inform him that I have resigned as leader of the Conservative Party," he said.

It is planned that the leadership elections will be completed next week to fill the position left by Truss.

Previously, Conservative Party officials had gathered on Downing Street, while more and more members of parliament themselves had asked him to step down.

Appointed on September 6, Truss was forced to sack his nearest finance minister and political ally, Kwasi Kwarteng, and abandon nearly all of his economic programs, after plans to cut large-scale unpaid taxes destroyed English pounds and bonds. The rating of approvals for him and his Conservative Party collapsed.

On Wednesday, he lost the second minister of the government's four most senior ministers, facing laughter as he tried to maintain his record in parliament, seeing his MPs openly bicker over policy, deepening feelings of chaos in Westminster.

New Finance Minister Jeremy Hunt is now racing to find a cut in spending tens of billions, to try to convince investors and rebuild England's fiscal reputation as the economy heads into recession and with inflation at a level of 40 years.


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