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Monday, January 18, 2016

Ahead of Investor Talks, Puerto Rico Projects Larger Payment Gap

Ahead of Investor Talks, Puerto Rico Projects Larger Payment Gap
Puerto Rico is running out of money faster than expected, leaving an increasing hole in the amount needed to operate and pay investors over the next decade, according to an updated fiscal plan released by the U.S. commonwealth Monday. Puerto Rico’s new ...
Puerto Rico revises fiscal reform plan amid growing deficit
SAN JUAN, Puerto Rico — Puerto Rico is revising a fiscal and economic reform plan to reflect a jump in the island's projected deficit and steep drop in anticipated revenues, officials said Monday. The government said the deficit is now projected to grow ...

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