Skip to content

Debt Quote by Babatunde Fashola

“The economy needs a stimulus. We MUST borrow. The notion of debt as a sin or something evil should be reviewed.” quote by Babatunde Fashola
Download Open image
“The economy needs a stimulus. We MUST borrow. The notion of debt as a sin or something evil should be reviewed.”

Babatunde Fashola

About This Quote

Source Speech: Economic Policy Address, Nigeria, 2015

Advocates rethinking debt stigma, suggesting borrowing can be a tool for growth when used responsibly.

In simple terms: Debt isn’t always bad; it can help economies.

Key Takeaway

Consider borrowing for strategic investment.

Themes

economics policy debt growth

Mood

cautious optimistic

Type

policy economic

When to use this quote

  • government budgeting
  • infrastructure projects
  • business expansion
  • emergency funding

Key Concepts

Fiscal stimulus public finance risk management

Questions to Reflect On

  • How can we balance stimulus benefits against future debt burdens?
  • What safeguards ensure borrowing fuels growth?
A Different Perspective

Debt can increase long‑term liabilities if mismanaged.

4.7 out of 5 (6 ratings)

More by Babatunde Fashola

Explore all 14 Babatunde Fashola quotes

More Debt quotes

Browse all 2,345 Debt quotes