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Mayors defend swap with the a AEE
They warn that this swap helps both the corporation and municipalities
Archival note
This content was published more than 7 years ago.
They warn that this swap helps both the corporation and municipalities
New Progressive and Popular (parties) mayors warned that making additional changes to the Contribution in Lieu of Taxes (CELI, by its Spanish acronym) of the Puerto Rico Electric Power Authority (PREPA) will cause a disruption in municipal finances, which have already been affected by the elimination of state subsidies and the fiscal collapse of the Government Development Bank (BGF, by its Spanish acronym).
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