Tag Archives: liabilities

Puerto Rico Oversight Board Unveils University Fiscal Plan

https://www.bnnbloomberg.ca/puerto-rico-oversight-board-unveils-university-fiscal-plan-1.1451579 Puerto Rico Oversight Board Unveils University Fiscal Plan Jim Wyss, Bloomberg News 6-16-20 (Bloomberg) — Facing declining enrollment, a bloated pension system and more than $341 million in debt, the University of Puerto Rico needs to cut spending, boost … Continue reading

Posted in Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico politics and government | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Puerto Rico’s other crisis: impoverished pensions

http://www.reuters.com/investigates/special-report/usa-puertorico-pensions Uneasy Island Puerto Rico’s other crisis: impoverished pensions By Nick Brown Filed April 7, 2016, 3:10 p.m. GMT For years, the territory’s government piled on the benefits without paying for them. Now, it faces the prospect of stiffing retirees, … Continue reading

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P.R. ranks dead last in fiscal solvency among U.S. states

P.R. ranks dead last in fiscal solvency among U.S. states Written by Michelle Kantrow  //  June 2, 2016  //  Economy A study by the Mercatus Center at George Mason University released Wednesday showed that on the basis of its fiscal … Continue reading

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