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Sánchez Guarantees Changes to Come
The Government’s representative in the Oversight Board claims a better agreement with PREPA is possible
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This content was published more than 7 years ago.
The Government’s representative in the Oversight Board claims a better agreement with PREPA is possible
The Puerto Rico Electric Power Authority (PREPA) has submitted a draft of its fiscal plan. Yesterday, Government representative in the Oversight Board (OB) Elías Sánchez, stated that the draft “will undergo some changes” because, among other things, the proposed cuts are too low and a better negotiation with the public corporation’s creditors is still possible.
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