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Abbas

Speaker Abbas Clarifies Stance on Borrowing, Urges Responsible Debt Use

9 September 2025

Speaking through House Majority Leader Julius Ihonvbere at a public accounts conference, Abbas said debt can drive economic growth when managed properly, but becomes harmful when used recklessly. “Reckless debt that fuels consumption or corruption must be exposed and rejected,” he said, urging parliaments to ensure that all borrowing decisions are made in the public […]

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