Abinader says 80% of his administration’s loans were used to pay off opposition’s debt

Santo Domingo – In a robust defense of his administration’s fiscal policies, President Luis Abinader revealed on Monday that 80% of the debt incurred during his tenure has been allocated to settling or refinancing obligations inherited from previous governments. Speaking at his weekly press briefing, *La Semanal con la Prensa*, Abinader underscored that his government stands out as the only one in recent history to achieve a reduction in the national debt relative to GDP, decreasing it from 49.7% to 46.9%.