Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Puerto Rican lawmakers challenge oversight board austerity budget

By Declan Bush

11 July 2018

Two Puerto Rican legislators have joined the island’s governor Ricardo Rossello in challenging a 2019 austerity budget imposed by the US Congress-appointed Puerto Rico oversight board, accusing the board of overreach.

Puerto Rican lawmakers challenge oversight board austerity budget A work crew clears debris after Hurricane Maria in Puerto Rico in December 2017.