This consensus measure mitigates the difficult fiscal situation facing the Puerto Rico government, now we must complete the presentation of a balanced budget and the implementation of austerity measures to secure services and essential projects for our development.

Victor Suarez

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More Quotes From Victor Suarez

Over the past 25 years, the government allowed corn, wheat, sorghum, soy, milk and other products to be imported below production costs.

Victor Suarez
top-news
The PFC payment will not be made this weekend, the PFC payment wa... by Victor Suarez

The PFC payment will not be made this weekend, the PFC payment was not consigned.

Victor Suarez
business
Tomorrow is Aug. 1 and we don't have the money, the PFC payment w... by Victor Suarez

Tomorrow is Aug. 1 and we don't have the money, the PFC payment will not be made this weekend.

Victor Suarez
business

It is not being contemplated as a $3 billion transaction, there is no market for it, we are trying to achieve a smaller transaction, with reasonable terms, of some $400 to $500 million.

Victor Suarez
industrials

There has to be the payment allocation by the Legislature (in the budget) and the cash flow, if one of the two things is not there, we can't do (the PFC payment). Right now, both are not there.

Victor Suarez
industrials