Puerto Rico: Gov't Decrees Austerity Measures Following Debt Default
teleSUR English
2015-08-05
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The Puerto Rican government decreed a series of austerity measures following its default on its US$72 billion debt. Measures include a reduction in public services and boosting the sales tax from 6% to 11.5%. Washington has refused to bail out the island's government. teleSUR
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