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Gap Indicates Shutdown
According to a memorandum from Hacienda, the lack of cash adds up to $3.566 billion this fiscal year
Archival note
This content was published more than 8 years ago.
According to a memorandum from Hacienda, the lack of cash adds up to $3.566 billion this fiscal year
Although the Puerto Rican government has been delaying tax refunds, payments to suppliers, and the allocation of funds in the current budget, none of this will be enough to prevent a government shutdown, according to a memorandum sent by Juan Zaragoza, Secretary of Hacienda (Treasury).
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