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More Taxes and Cutbacks

The new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders

14 de marzo de 2017 - 9:40 AM

Archival note
This content was published more than 7 years ago.
In a session that lasted over 3 hours, the members of the OB unanimously approved the new fiscal plan.
In a session that lasted over 3 hours, the members of the OB unanimously approved the new fiscal plan. (teresa.canino@gfrmedia.com)

New York – If anyone had any doubts that the approval of PROMESA and the arrival of the Oversight Board (OB) would mean the end of Puerto Rico as we know it, those doubts were dispelled yesterday.

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