Perdana's Speech, Rishi Sunak: England Faces Big Economic Challenges, Needs Stability And Unity

Rishi Sunak. (Wikimedia Commons/Office of US Treasury Secretary)

JAKARTA - Britain faces serious economic challenges and requires stability and unity, Rishi Sunak said on Monday, in his first public address after being declared leader of the ruling Conservative Party and who will soon become prime minister.

"There is no doubt we are facing a huge economic challenge," Sunak said.

"We now need stability and unity, and I will make it my top priority to unite our parties and our country," said Sunak.

As previously reported, Rishi Sunak will be the next British prime minister after his remaining rival, Penny Moridaunt, withdrew from his candidacy.

Sunak (42), was elected leader of the Conservative Party after winning the support of the majority of parliamentarians.

He was the only candidate left after Mordount stepped down moments before the nomination deadline.

Previously, another candidate, former prime minister Boris Johnson, also canceled his participation in this election.

Will become the UK PM, Sunak faces a series of challenges including high inflation, rising energy and mortgage costs, restless financial markets, war in Ukraine and continued impacts from Brexit.

Sunak will be appointed prime minister by King Charles III, after Liz Truss has officially submitted her resignation.

It is known that King Charles III returned to London from his land in Sandringham on Monday, but it is not yet clear when the handover ceremony will take place.