Puerto Rico Governor on Budget Gap, Creditor Negotiations

Puerto Rico Governor on Budget Gap, Creditor Negotiations

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses Puerto Rico's efforts to establish a federally supported plebiscite to decide between statehood and independence. It highlights the enactment of 14 bills aimed at fiscal responsibility, economic growth, and social well-being. The governor outlines a fiscal plan to right-size the government without drastic workforce cuts, emphasizing transparency and negotiation with bondholders. The video also addresses the politically sensitive issue of a potential bailout, advocating for collaboration with the federal government while ensuring Puerto Rico's fiscal responsibility.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker propose to negotiate with bondholders regarding Puerto Rico's debt?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's stance on the possibility of a bailout for Puerto Rico?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What fiscal measures are being implemented in Puerto Rico to address its economic challenges?

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