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An Alternative Strategy

The Executive rejected the Oversight Board’s recommendations because they would sink the country deeper into recession, insisting instead on the Government’s own formula, with no layoffs, pension cuts, or reductions in the UPR’s structure

15 de febrero de 2017 - 9:00 AM

Archival note
This content was published more than 7 years ago.

According to the Executive, Puerto Rico would face a grim reality if the Oversight Board’s (OB) recommendations were approved to balance the budget and offset the insufficiency of Government funds, which is estimated at close to $7.6 billion. 

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