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
- U.S. lawmakers propose withdrawing from United Nations, saying it no longer serves Washington's interests
- Remarkable Cuban educational experience
- Cuban Embassy in the U.S. celebrates African-American History Month
- OPEC chief says petroleum demand will rise despite global push for renewables
- Indigenous leader and political prisoner Leonard Peltier released after nearly 50 years in prison
