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prima:To get PREPA out of bankruptcy, other government programs would need to be affected

The Fiscal Board recognizes that identifying a new source of revenue separate from the bill could affect other citizen services and critical investments for the country

February 14, 2025 - 7:41 PM

In certifying the new fiscal plan, the Fiscal Oversight Board (FOMB) insisted that the Puerto Rico Electric Power Authority will not be able to pay more than $2.6 billion to its creditors. (Archivo)

When a new version of the adjustment plan for the Puerto Rico Electric Power Authority (PDA-PREPA) is filed, the Fiscal Oversight Board (FOMB) will also present an informative statement specifying the source of funds that would allow confirming a payment plan for the public corporation, but taking resources away from other government programs, the agency warned.

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