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Erasing Old Allocations
FAFAA issues order that would decrease public spending by $625 million
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This content was published more than 7 years ago.
FAFAA issues order that would decrease public spending by $625 million
While the Oversight Board’s (OB) technical team continues questioning the premises contained in the Fiscal Plan for Puerto Rico (FPPR), Ricardo Rosselló Nevares’s administration intends to strike $625 million in obligations from its books, after declaring tens of millions of dollars in budgetary allocations approved by the Legislature years ago as time-barred items.
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