Caribbean Business

Center for Investigative Journalism: The Fantasy of the Fiscal Plan for Puerto Rico

Matt Fabian, financial analyst and partner at Municipal Market Analytics, believes Puerto Rico needs to be more self-sustainable and not bet it will receive more funds from Uncle Sam in the future. “There’s a line in the fiscal plan that talks about using the federal government as a partner or relying on them, and that’s madness. It’s madness to rely on the federal government and on ‘this’ federal government for incremental aid over the next five, ten years. They need to think sustainably about what they can do on their own,” Fabian commented.

http://caribbeanbusiness.com/the-fantasy-of-the-fiscal-plan-for-puerto-rico/