Tag Archives: proposal

Oversight board gives Puerto Rico gov until Feb. 12 to make changes to fiscal plans

Many good ideas in the recommendations. http://caribbeanbusiness.com/oversight-board-gives-puerto-rico-gov-until-feb-12-to-make-changes-to-fiscal-plans Oversight board gives Puerto Rico gov until Feb. 12 to make changes to fiscal plans By Eva Lloréns Vélez on February 5, 2018 SAN JUAN – Puerto Rico Financial Oversight and Management Board … Continue reading

Posted in culture and cycle of dependency, economic crisis, Hurricane Maria and after effects, Puerto Rico economic crisis, Puerto Rico necessary improvements | Tagged , , , , , , , , , , | Leave a comment

Puerto Rico Senate Rejects Federal Plan that Excludes Debt Restructuring

Bhahia says that if a Federal Oversight Board over Puerto Rico is adopted, that Puerto Rico will lose economic security.  It seems that Puerto Rico has ALREADY lost economic security with over $72 billion in debt and the situation worsening.  … Continue reading

Posted in analysis and opinion, economic crisis, Puerto Rico economic crisis | Tagged , , , , , , , , , | Leave a comment