Puerto Rico Gov. Urges Halt to New Debt Plans

Cataldo, Adam L.
April 2006
Bond Buyer;4/6/2006, Vol. 356 Issue 32355, p1
Trade Publication
The article reports on the appeal of Puerto Rico Governor Anibal Acevedo Villa to stop authorizing new government debt as part of his fiscal 2007 budget. He stated that bond-sale proposals will be approved only after credit problems have been settled. His proposed budget for 2007 is 9.68 billion dollars and he asked the Legislature to approved promptly the fiscal and tax reform measures in order to ease the financial situation of the state.


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