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prima:Government supports re-examining PREPA’s Plan of Adjustment

Although he would prefer to expedite the process, Puerto Rico Secretary of State Omar Marrero considers it appropriate for the Fiscal Board to review the utility’s projections to have a “reasonable” plan with “real projections”

June 23, 2023 - 12:16 PM

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The director of the Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA), Omar Marrero. (xavier.araujo@gfrmedia.com)

NEW YORK - The director of the Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA), Omar Marrero, supported yesterday that the Fiscal Oversight Board will take the time necessary to certify the Plan of Adjustment for the Puerto Rico Electric Power Authority (PREPA-POA) “that is reasonable” and with “real projections.

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