San Juan, January 29 (RHC)-- Puerto Rico says after the island was hit by the devastating Hurricane Maria in September last year, it will not pay any of its debt service payments for the next five years. That’s according to Puerto Rico’s new fiscal plan, which must be approved by Puerto Rico’s unelected, congressionally imposed fiscal control board.
Meanwhile, Harvard students are demanding their university divest its $2 billion commitment with Baupost Group, a Boston-based hedge fund that is a large holder of Puerto Rico’s debt.
Puerto Rico Fiscal Plan Calls for No Debt Service Payments for Five Years
Facebook
Twitter
Pinterest
Telegram
Linkedin
WhatsApp
Related Articles
Commentaries
MAKE A COMMENT
All fields required
More Views
- Honduras kicks off 2025 election campaign with defense minister as the main candidate
- Brazil announces Cuba, Bolivia and seven other countries as members of the BRICS group
- U.S. oil company Chevron declares 300 million dollars in taxes in Venezuela
- The world celebrates the decision of the United States on Cuba and demands an end to the blockade
- ExxonMobil countersues California attorney general and environmentalists over plastic pollution claims
