The administration will present a larger budget than predicted in the Fiscal Plan, but will not prevent cuts nor will it imply more money for bondholders
The administration will present a larger budget than predicted in the Fiscal Plan, but will not prevent cuts nor will it imply more money for bondholders
The first budget that the government of Puerto Rico will have and that will be reigned by the Oversight Board (OB) contemplates larger collections in the General Fund, as well as the rope of cuts included in the Puerto Rico Fiscal Plan (PRFP), but that still does not clear the possibility of workday reduction for public employees, as El Nuevo Día came to know.
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