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Zamot's theory about the failure of PROMESA

The outgoing Revitalization Coordinator reveals that government officials hindered the program the Board had to implement and prevented multi-million dollar investments in Puerto Rico.

14 de marzo de 2019 - 9:42 AM

Archival note
This content was published more than 6 years ago.
Noel Zamot. (GFR Media)
Noel Zamot. (GFR Media)

The government´s intention to control  private capital  arriving on the island and situations such as that of an investor who submitted a proposal to later discover that people related to the government had shared the idea with third parties for them to develop it are some of the reasons that contributed to the failure of the Critical Projects program that the Oversight Board had to implement, revealed the outgoing Revitalization Coordinator, Noel Zamot. 

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