October 21, 2021

Puerto Rico: The financial implications of dependency

Pin It

By Emma Scully Research Associate at the Council on Hemispheric Affairs From Caribbean News Now On Monday, August 3, Puerto Rico’s Public Finance Corporation defaulted on a $58 million USD bond payment, the island’s first debt nonpayment in its 117 years as a US territory. Puerto Rican Governor Alejandro García Padilla has called the $72 […]