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PROMESA: Results and challenges

Three years after its approval, PROMESA has given Puerto Rico the necessary relief to try to resolve its fiscal precariousness. The moratorium on payment to creditors has given the government, together with the Oversight Board, the space to organize its finances, address pressing issues and renegotiate its debts.

17 de octubre de 2019 - 11:15 AM

Archival note
This content was published more than 5 years ago.
(El Nuevo Día)
(El Nuevo Día)

Three years after its approval, PROMESA has given Puerto Rico the necessary relief to try to resolve its fiscal precariousness. The moratorium on payment to creditors has given the government, together with the Oversight Board, the space to organize its finances, address pressing issues and renegotiate its debts.

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