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prima:Francisco Parés believes that it is still early to know the real economic impact of the Ukraine-Russia war

Although the consequences of the war are still unknown, the government expects to collect more money than projections by the Fiscal Oversight Board

March 24, 2022 - 10:23 AM

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This content was published more than 3 years ago.
Treasury Secretary Francisco Parés. (tonito.zayas@gfmedia.com)

Treasury Secretary Francisco Parés said it is still too early to know the real economic impact that the Ukraine-Russia war could have on the island, but even so, he anticipated that the government’s revenue estimate will exceed the Fiscal Oversight Board projections next fiscal year.

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