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prima:Centro para una Nueva Economía: “Time to seriously consider winding down the Board’s operations”

Sergio Marxuach, director of Public Policy of the entity, sent a written presentation to the Congressional Subcommittee on Indigenous and Insular Affairs

July 15, 2025 - 4:23 PM

Marxuach said that nine years after PROMESA became law, "it is also evident that there is still much to be done." (Xavier Araújo)

Washington D.C. - The think tank Centro para una Nueva Economía (CNE) warned Congress that, while waiting to complete the restructuring of PREPA’s debt and the creation of a government planning system, it is important to start thinking about how to put an end to the operation of the Fiscal Oversight Board (FOMB), created by the PROMESA law.

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