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Puerto Rican Public Funds: Going from Bad to Worse

The incoming administration will not have short-term financial tools to avoid a disruption of operations.

21 de noviembre de 2016 - 8:34 AM

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This content was published more than 8 years ago.
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As soon as it takes office, Ricardo Rosselló Nevares's administration might be forced to make the "difficult decisions" anticipated by the Oversight Board (OB), in light of the definitive insolvency of the public pension plans; the slim probability of obtaining more federal funds; but, above all, the exhaustion of all short-term tools that a government could use to continue operating.

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