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Four charges to pay off PREPA debt and pensions

While FAFAA works on the draft bill to implement the RSA, Governor Wanda Vázquez Garced told bondholders that it is time to consider "other alternatives"

1 de febrero de 2020 - 9:59 AM

Archival note
This content was published more than 5 years ago.
(GFR Media)
(GFR Media)

Although Governor Wanda Vázquez Garced indicated yesterday that the restructuring process for the Puerto Rico Electric Power Authority (PREPA) debt cannot be at the expense of the Puerto Rican people, her administration is working on a bill seeking to amend a law approved three years ago to reorganize the public corporation and impose up to four new charges on the electricity bill.

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