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Treasury “ignores” the forgiveness factor

Rossello acknowledges that the loan cancellation will take time, but requests to include it in the terms

12 de marzo de 2018 - 7:11 AM

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This content was published more than 6 years ago.
Last October, US Congress authorized $ 4.9 billion in loans for Puerto Rico, but Treasury Secretary Steve Mnuchin wants to limit it to $ 2.065 billion. (AP)
Last October, US Congress authorized $ 4.9 billion in loans for Puerto Rico, but Treasury Secretary Steve Mnuchin wants to limit it to $ 2.065 billion. (AP)

Governor Ricardo Rosselló said yesterday that the cancellation of the $ 4.7 billion emergency loan approved by Congress is not one of the requests of the Puerto Rican government to the US Treasury to agree on the disbursement of the money.

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