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The adjustment plan is "not feasible"

FAFAA tells the Board it will allocate additional funds for health, public safety, education, and the UPR.

5 de mayo de 2020 - 10:47 AM

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This content was published more than 5 years ago.
Omar Marrero, director of the Fiscal Agency & Financial Advisory Authority (FAFAA). (GFR Media)
Omar Marrero, director of the Fiscal Agency & Financial Advisory Authority (FAFAA). (GFR Media)

Between this and next fiscal year, the COVID-19 pandemic will cost the Puerto Rican economy some $6.6 billion, an impact that will make Puerto Rico's debt unpayable, at least, as proposed in the adjustment plan, acknowledged yesterday Omar Marrero, the executive director of the Fiscal Agency & Financial Advisory Authority (FAFAA).

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