Parliament Speaker says govt is using borrowed funds to save bankrupt nation, rebuild economy

The Speaker of the People's Majlis, Abdul Raheem Abdullah, has stated that the current government is using borrowed funds to save the country from bankruptcy caused by the actions of the previous administration and to rebuild the economy. He made these remarks while responding to a question during the debate on a government-proposed amendment to the Tax Administration Act. The question was raised by MP Hussain Ziyad of Vaikaradhoo constituency. The amendment bill was submitted by MP Mohamed Mamdhooh of Funadhoo constituency. Speaker Abdul Raheem noted that some individuals previously used public funds to enrich themselves and their companies. He stated that the current government is using borrowed money to save the bankrupt nation, rebuild the economy, and repay debts, and that this has resulted in a country that is now safe and stable. He added that the government is carrying out important work for the people and the country.