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Antonio Weiss discusses the effectiveness of PROMESA

Although the law gave Puerto Rico a tool to renegotiate its debt, there is very little achieved in the area of economic development, according to Antonio Weiss, who served as Counselor to the U. S. Treasury Department

25 de enero de 2020 - 12:20 PM

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This content was published more than 4 years ago.
Antonio Weiss. (AP)
Antonio Weiss. (AP)

New York - Former U.S. Treasury adviser Antonio Weiss said Thursday PROMESA was approved using the legal-political "offensive reality" of Puerto Rico but stressed that the federal statute granted the U.S. territory more benefits to address the fiscal crisis than any other mechanism.

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