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prima:Another debt restructuring enters home stretch

The government brings to a vote the Public Finance Corporation restructuring, an agreement that would complete the implementation of the central government’s Plan of Adjustment

November 8, 2022 - 12:03 PM

Archival note
This content was published more than 2 years ago.
According to the Secretary of State and executive director of the Financial Advisory Authority and Agency (Aafaf), Omar Marrero, the public debt of the Corporation for Public Financing will receive a cut of 96%. (tonito.zayas@gfmedia.com)

The government expects to complete early in 2023 what would be the last bond restructuring process within the central government’s Plan of Adjustment (POA), according to Secretary of State and executive director of the Fiscal Agency & Financial Advisory Authority (FAFAA), Omar J. Marrero.

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