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The Board sticks to its new adjustment plan

The fiscal entity claims the new agreement with general-obligation bondholders will reduce annual debt payments by 64 percent

11 de febrero de 2020 - 9:58 AM

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This content was published more than 5 years ago.
Board´s Executive Director Natalie Jaresko. (GFR Media)
Board´s Executive Director Natalie Jaresko. (GFR Media)

Despite Governor Wanda Vázquez Garced's rejection, the Financial Oversight Board is moving swiftly to file the amended plan of adjustment (POA) for the central government on or before February 28 with the expectation to open a path out of bankruptcy this year.

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