Consider the statement: 'Political stability is indispensable to economic progress because economic progress can only be achieved by means of political stability.' Which informal fallacy is committed in the above statement?

The statement begs the question.

Its conclusion and its supporting reason assert one and the same thing.

'Stability is indispensable to progress' is backed by 'progress needs stability'.

The premise merely restates in reverse the very claim it is meant to prove.

Assuming what has to be established is the fallacy of begging the question.