On the recordNovember 16, 2022
Having a plan of adjustment confirmed by the Federal court is absolutely essential, because it would stabilize PREPA's finances.
Source
congress.govHaving a plan of adjustment confirmed by the Federal court is absolutely essential, because it would stabilize PREPA's finances.
Emphasizing the importance of a confirmed adjustment plan for PREPA's financial stability.
Share
More from Pedro Pierluisi
The 15-year contract provides a payment methodology that includes either bonuses or penalties, depending on compliance with the metrics.
For about 3 years, the spending that happened in Puerto Rico was emergency spending by FEMA.
I am not going to support any restructuring that is not sustainable, that is not affordable.