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Mayors object to fiscal plans

They anticipate a severe impact form documents regarding the GDB and PREPA

30 de abril de 2017 - 8:00 AM

Archival note
This content was published more than 7 years ago.
(GFR Media)
(GFR Media)

Popular and new progressive (parties) mayors warned yesterday that the liquidation of the Government Development Bank (GDB) and the elimination of the elimination of the Contribution in Lieu of Taxes (CELI, by its Spanish acronym) in the Puerto Rico Electric Power Authority (PREPA) could represent hard blows to the finances of municipalities with the loss of hundreds of millions of dollars.

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