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Large bill for debt renegotiation

The revised fiscal plan estimates how much judicial process under PROMESA Law will cost taxpayers in the next five years

26 de enero de 2018 - 9:05 AM

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This content was published more than 6 years ago.
The group of advisors must attend all the paperwork and procedures related to the cases of adjustment of debts that have been filed in Court invoking Title III of the federal Promesa Law. (GFR Media)
The group of advisors must attend all the paperwork and procedures related to the cases of adjustment of debts that have been filed in Court invoking Title III of the federal Promesa Law. (GFR Media)

Puerto Rico's decision to renegotiate its public debt will cost the Island's taxpayers at least $ 800 million over five years, according to the government revised fiscal plan.

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