Comment on Puerto Rico faces bank closure, privatizations amid crisis

Puerto Rico faces bank closure, privatizations amid crisis

SAN JUAN, Puerto Rico (AP) — Puerto Ricans will be facing a water rate increase, privatization of government operations and the closure of a bank that once oversaw the island's debt transactions, officials said Friday as they worked on measures to offset an economic crisis. Some of the changes were outlined in new fiscal plans presented to a federal control board overseeing the island's finances.Read more on NewsOK.com

 

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