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Cofina plan sets a "dangerous precedent"

Economist Martín Guzmán explained why the agreement to be evaluated tomorrow will not alleviate the crisis

15 de enero de 2019 - 2:04 PM

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This content was published more than 5 years ago.
Economist Martín Guzmán.
Economist Martín Guzmán.

"This is not an agreement generating savings for the economy of Puerto Rico," said yesterday economist Martín Guzmán -an expert in debt restructuring- when assessing the implications of the debt adjustment agreement for the Sales Tax Financing Corporation (Cofina, Spanish acronym).

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