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Mayors recognize the power of PROMESA
They admit that the Board has authority to oversee municipalities
Archival note
This content was published more than 6 years ago.
4 de julio de 2025
79°nublado
Faced with the fact that the Oversight Board announced a pilot program to demand fiscal plans from 10 municipalities, several mayors said yesterday they had reservations about the possibility of joining the lawsuit that the Municipality of San Juan would file against the entity, because they recognize that PROMESA gives the Board the power to intervene in municipal finances.
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