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Caribbean Business: IEEFA: Credit support for PREPA, a sensible tool or another wasteful gimmick?

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Commonwealth loan raises more questions about savings from T&D privatization The week before Christmas, the Financial Oversight and Management Board for Puerto Rico (FOMB) quietly announced a plan for the commonwealth’s government to loan almost $1 billion to its electrical power authority (PREPA) to facilitate the privatization of the island’s transmission and distribution system. This plan was presented […]

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