Puerto Rico – Emergency Funds or Shutdown

Puerto Rico – Emergency Funds or Shutdown

Former Fellow Ezra Fieser (Guatemala, 2008-2010) wrote an article published by Bloomberg regarding a potential government shutdown on October 31 in Puerto Rico, which would include halting its hurricane recovery, if Congress doesn’t provide billions in emergency funds. Puerto Rico’s “control board, created by the law that allowed the commonwealth to enter bankruptcy, has said [Hurricane] Maria may have caused as much as $95 billion in damages, more than the island’s annual gross domestic product.”

Click here for the full article.

About the Author

The Institute of Current World Affairs (ICWA) identifies and cultivates rare potential by immersing promising young professionals in the study of a country, region, or globally important issue, positioning them to become leaders in their fields.