Submitted by Anonymous on Fri, 11/16/2018 - 17:33
Puerto Rico's Catholic Archbishop and an Evangelical leader who heads the island's bible society criticized a debt agreement and ongoing debt negotiations. "We are strongly opposed to the COFINA debt deal," wrote the religious leaders in a statement referencing a recently approved plan on a type of debt backed by sales taxes. The plan was approved by Puerto Rico's government and oversight board and covers about $17 billion of the total $72 billion debt of the US Territory.