Puerto Rico exits bankruptcy
Puerto Rico has officially exited bankruptcy. Five years ago, saddled with debts it could not pay, the territory began negotiating a restructuring plan that reduces what it owes.
This is the largest debt-restructuring plan in American history — and it comes as an oversight board has imposed harsh budget-cutting measures on Puerto Rico.
Host Scott Tong speaks with Luis Valentin, a reporter for Puerto Rico’s Center for Investigative Journalism.
This article was originally published on WBUR.org.
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