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Serious Threat to Municipal Governments After Trouble in GDB

The insolvency scenario greatly affects municipal projects and finances

2 de noviembre de 2016 - 9:59 AM

Archival note
This content was published more than 8 years ago.
Reinaldo Paniagua, executive director of the Puerto Rico Mayors Federation. (Archivo/GFR)
Reinaldo Paniagua, executive director of the Puerto Rico Mayors Federation. (Archivo/GFR)

In the short term, the first threat municipalities face due to the disarray in the Government Development Bank (GDB) is the possible halt on projects financed by loans from this government institution.

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