Puerto Rico: Gov't Decrees Austerity Measures Following Debt Default

Puerto Rico: Gov't Decrees Austerity Measures Following Debt Default

The Puerto Rican government decreed a series of austerity measures following its default on its US$72 billion debt. Measures include a reduction in public services and boosting the sales tax from 6 to 11.5. Washington has refused to bail out the island's government.


User: teleSUR English

Views: 2

Uploaded: 2015-08-05

Duration: 00:38

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