PREPA’s Debt Restructuring – What’s Next?

With the PREPA RSA terminated, the third failed attempt to restructure its debt, we review where the process stands. We offer five recommendations for evaluating any new proposal, from cutting at least $8 billion in debt to avoiding rate increases that would hurt the economy.

Europa: qué está en juego con la invasión rusa

La invasión rusa de Ucrania marca un punto de inflexión para Europa. Repasamos los debates en los centros de pensamiento europeos sobre la soberanía estratégica, el rearme, la dependencia energética de Rusia y los costos económicos y humanos de la guerra.

Europe and the Russian Invasion: What’s at Stake

Russia’s invasion of Ukraine marks a turning point for Europe. We trace the debates in European think tanks over strategic sovereignty, rearmament, energy dependence on Russia, and the economic and human costs of the war.

CNE Review – February 2022

We highlight key parts of the Oversight Board’s Fiscal Plan for FY2022, from debt restructuring and Medicaid to pensions and the UPR. Plus a Note from the Editor on politicians who have learned nothing from the bankruptcy.

CNE Review – febrero 2022

Destacamos los componentes principales del Plan Fiscal 2022 de la Junta de Supervisión Fiscal, desde la reestructuración de la deuda y Medicaid hasta las pensiones y la UPR. Además, una nota del editor sobre los políticos que no han aprendido nada de la quiebra.

Aspectos destacados del plan fiscal 2022

Analizamos el Plan Fiscal para el año fiscal 2022, certificado tras el Plan de Ajuste que redujo la deuda de Puerto Rico en cerca de 48%. Los superávits proyectados dejan poco margen, el financiamiento de Medicaid sigue siendo incierto y el recorte de 48% a la UPR es desproporcionado.

Selected Highlights of the Fiscal Plan for Fiscal Year 2022

We review the Fiscal Plan for FY2022, certified after the Plan of Adjustment cut Puerto Rico’s debt by about 48%. Thin projected surpluses leave little margin, Medicaid funding remains insecure, and the UPR’s 48% budget cut is disproportionate.

CNE Among the Top Think Tanks in the World

For fourth year in a row, Puerto Rico’s Center for a New Economy (CNE) has been included in the most recent edition of the 2016 Global Go To Think Tank Index Report published by the University of Pennsylvania’s Lauder Institute.