Puerto Rico

For Puerto Rico, There Is A Better Way

For Puerto Rico, There Is A Better Way - A Second Look at the Commonwealth’s Finances and Options Going Forward by Centennial Group
Authored by Jose Fajgenbaum, Jorge Guzman, and Claudio Loser
Executive summary
Puerto Rico can avoid a costly default even after consideration of the Krueger Report (the “Report”)

  • Puerto Rico has a deficit problem, not a debt problem
  • Deficit is fixable and extensive history exists of other governments that made similar or greater fiscal adjustments and subsequently grew their . . .

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