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Cofina plan sets a "dangerous precedent"
Economist Martín Guzmán explained why the agreement to be evaluated tomorrow will not alleviate the crisis
Archival note
This content was published more than 5 years ago.
Economist Martín Guzmán explained why the agreement to be evaluated tomorrow will not alleviate the crisis
"This is not an agreement generating savings for the economy of Puerto Rico," said yesterday economist Martín Guzmán -an expert in debt restructuring- when assessing the implications of the debt adjustment agreement for the Sales Tax Financing Corporation (Cofina, Spanish acronym).
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