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Cuts remain despite COFINA plan approval

Although the agreement with COFINA bondholder would facilitate debt restructuring negotiations, the benefit for the Treasury was already included in the budget goals set by the Board

6 de febrero de 2019 - 11:06 AM

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This content was published more than 6 years ago.

 Now, that federal judge Laura Taylor Swain approved the agreement, the Fiscal Agency and Financial Advisory Authority (FAFAA) intends to implement the plan for the Sales Tax Financing Corporation (COFINA) this month.

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