The executive director of the Junta de Control Fiscal (JCF), Natalie Jaresko defended the fours the plan of adjustment of the debt, according to the conditions that governor Pedro Pierluisi Urrutia to support the fault.
“The guests are in the process of getting Puerto Rico to emerge from the quiesbra, but it will inevitably reduce the burden on its debt. Puerto Rico’s debt is large, unsustainable and extraordinarily complex. The restructuring is taking place as a matter of orderly, juicy and equitable process that will generate and continue to generate significant gains for the people of Puerto Rico.
The bankruptcy of Puerto Rico of approximately $ 130 million is the largest in the history of municipal benefits, aggravated by the economic downturn, the recession, significant emigration and natural disasters. The debt is issued for more than a decade of public entity. More than 165,000 acres are currently available.
The legal guests are uncorrected by a fraction of the arrears that are lodged and are stored in the future by means of a substantial reduction in the payment fees. Hecho, the unsuspecting guests are currently at least 1 percent of the horrors that the Junta de Supervision generates for the people of Puerto Rico through the restructuring of completed debt, ”Jaresko said in written statements.
Jaresko took part in a meeting with the Junta and the governor.
“Have a productive meeting in which I want to establish the priorities of the governor and the four medium-sized quarters that are: my opposition to records in pensions, municipalities and the UPR, and the necessary inversion in public service”, said Pierluisi Urrutia in statements escritas.
“We are talking about the mediation process that is confidential and reiterated that the only way we can support a debt adjustment plan is that the payment is a manageable one from the point of view of taxation, which is an amount of debt that we pay. pay and we will not have to fill it ”, added.
At the meeting, the governor announced that the petition would be submitted on March 2.
The recommendation: