Wednesday, April 22, 2015

Puerto Rico Development Bank

The Puerto Rico Government Development Bank believes that the US government will soon shut them down within the next three months because of their lack of funds. The island is currently $73 billion in public debt. Puerto Rico wants legislators to start cutting cost and balance the budget so that they do not have to shut down the bank.


source: http://www.foxnews.com/world/2015/04/22/puerto-rico-development-bank-warns-imminent-government-shutdown-amid-fiscal/

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