The Oversight Board says the Government is underestimating its expenses, and that it does not have a clear plan to deal with the liquidity crisis
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About 190 days after the US Government gave life to the Oversight Board (OB), the entity responsible for balancing Puerto Rico’s public accounts and returning it to the capital markets began redefining the concept of “difficult decisions” by recommending a reduction to the Government's work day, a 50% cutback to all professional services contracts, and a renegotiation of the rates paid to insurance companies under Mi Salud.
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