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Fiscal Plan Austerity Measures Analyzed

Experts believe the document approved yesterday by the Board is too austere, and they anticipate economic, social, and legal consequences

14 de marzo de 2017 - 9:09 AM

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This content was published more than 7 years ago.
Oversight Board Chairman José Carrión.
Oversight Board Chairman José Carrión. (teresa.canino@gfrmedia.com)

The austerity measures contained in the Fiscal Plan certified yesterday by the Oversight Board have the potential to worsen Puerto Rico’s damaged economy by stopping commerce, private investment, and the creation of jobs, thus generating new revenue problems within the government, according to several experts consulted by El Nuevo Día.

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