In The Shadow Of Hurricane Maria, Puerto Rico Likely To Delay Producing Debt Repayment Plan

Credit: Wochit News
Published on March 19, 2019 - Duration: 00:45s

In The Shadow Of Hurricane Maria, Puerto Rico Likely To Delay Producing Debt Repayment Plan

Reuters reports a plan to restructure Puerto Rico's core government debt likely can't be completed by the end of April.

Natalie Jaresco is the executive director of Puerto Rico’s federally created financial oversight board.

She said on Monday it was unrealistic to expect to meet the deadline, and added that board’s goal is to seek court confirmation of a plan before year end.

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In The Shadow Of Hurricane Maria, Puerto Rico Likely To Delay Producing Debt Repayment Plan

FILE PUERTO RICO OUT-NO PUBLICAR EN PUERTO RICO - A OCT.

19, 2017, FILE PHOTO

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