Puerto Rico Oversight Board Rejects Fiscal Plan

The Financial Oversight and Management Board of Puerto Rico rejected Governor Ricardo Rosselló's fiscal plan. Governor Rosselló has until March 11th to submit a revised plan for board approval.

Eric LeCompte is the Executive Director of the religious development group Jubilee USA and he testified to Congress and the oversight board on the island's financial crisis. LeCompte releases the following statement:

"The crisis in Puerto Rico is worsening and we need to protect vulnerable populations.

"The island needs significant debt relief and an economic plan that supports economic growth."

Read the board's rejection

Read the governor's fiscal plan

Read more about the fiscal plan