The Oversight Board will take a close look at Puerto Rico’s budgetary activity while it attempts to reach an agreement with the bondholders
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After approving Governor Ricardo Rosselló Nevares’s amended Fiscal Plan under a series of conditions, the Oversight Board (OB) will now enter a process of constant scrutiny over the Government’s budgetary activities and liquidity. Meanwhile, they will also be setting the tone for the public debt renegotiation with the different bondholder groups in Puerto Rico.
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