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The Puerto Rican government-debt crisis was a financial crisis affecting the government of Puerto Rico. The crisis began in 2014 when three major credit agencies downgraded several bond issues by Puerto Rico to "junk status" after the government was unable to demonstrate that it could pay its debt. The downgrading, in turn, prevented the government from selling more bonds in the open market. Unable to obtain the funding to cover its budget imbalance, the government began using its savings to pay its debt while warning that those savings would eventually be exhausted. To prevent such a scenario, the United States Congress enacted a law known as PROMESA, which appointed an oversight board with ultimate control over the Commonwealth's budget. As the PROMESA board began to exert that control,

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  • The Puerto Rican government-debt crisis was a financial crisis affecting the government of Puerto Rico. The crisis began in 2014 when three major credit agencies downgraded several bond issues by Puerto Rico to "junk status" after the government was unable to demonstrate that it could pay its debt. The downgrading, in turn, prevented the government from selling more bonds in the open market. Unable to obtain the funding to cover its budget imbalance, the government began using its savings to pay its debt while warning that those savings would eventually be exhausted. To prevent such a scenario, the United States Congress enacted a law known as PROMESA, which appointed an oversight board with ultimate control over the Commonwealth's budget. As the PROMESA board began to exert that control, the Puerto Rican government sought to increase revenues and reduce its expenses by increasing taxes while curtailing public services and reducing government pensions. These measures provoked social distrust and unrest, further compounding the crisis. In August 2018, a debt investigation report of the Financial Oversight and management board for Puerto Rico reported the Commonwealth had $74 billion in bond debt and $49 billion in unfunded pension liabilities as of May 2017. Puerto Rico officially exited bankruptcy on March 15, 2022. (en)
  • Krisis utang pemerintahan Puerto Riko adalah sebuah krisis keuangan yang berhubungan dengan jumlah utang pemerintah Puerto Riko. Pemerintah tersebut memiliki utang lebih dari US$70 miliar dengan rasio 68%. Pada Februari 2014, beberapa lembaga pemeringkat kredit menurunkan utang pemerintah menjadi taraf non-inventasi. Krisis ini menyebabkan pemerintah Puerto Riko mengadopsi kebijakan yang idealnya menurunkan biaya secara drastis, meningkatkan pemasukan, dan mengembangkan ekonomi, dengan demikian langkah-langkah tersebut dapat membayar kewajiban pajaknya. Ekonomi Puerto Riko telah dijelaskan sebagai hal yang genting, lemah dan rapuh, dan diperparah dengan ketidakpercayaan dan ketidapuasan sosial. Pada tanggal 3 Agustus 2015, Puerto Riko gagal membayar pembayaran obligasinya senilai US$58 juta kepada Public Finance Corporation, anak perusahaan Bank Pembangunan Pemerintah, ketika kewajiban finansial lainnya sudah terpenuhi. Pada bulan Juni 2016, Presiden Barack Obama masuk ke PROMESA, yang memberi wewenang kepadanya untuk menunjuk seorang Dewan Pengawas yang memiliki kekuasaan tertinggi pada anggaran Commonswealth dan restrukturisasi utangnya. Dewan Pengawas memperpanjang sebuah moratorium mengenai gugatan penagihan utang oleh pemberi utang hingga 1 Mei 2017. Pada tanggal 3 Mei 2017, Commonwealth mencari perlindungan dari kebangkrutan kepada PROMESA. (in)
  • 波多黎各債務危機,是指波多黎各政府因持續累積上升的積欠未還債務,而導致的金融危机。至2015年,的規模已經超過720億美元。波多黎各总督亚历山大·加尔西亚·帕迪利亚公開承認,已經超過70%。美國的,已將波多黎各調降至與希臘同級的垃圾級。 波多黎各近年(至2017年)經濟衰退,失業率達11%,更出現人口外流,十年間人口減少約一成。 (zh)
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  • Puerto Rico, they’ve been kicking the can down the road for a long time, and they even raised new money, I think, not much more than a year ago, a very high price for hedge funds. The answer to financial problems is not more borrowing, more borrowing, but they’ll do it as long as they can and finally the day of reckoning comes and it would have been so much easier to tackle the problem earlier and no, you know, you got all different classes of bondholders and other claimants and they’re gonna fight like crazy. (en)
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  • Buffett on Puerto Rico's debt crisis (en)
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  • 波多黎各債務危機,是指波多黎各政府因持續累積上升的積欠未還債務,而導致的金融危机。至2015年,的規模已經超過720億美元。波多黎各总督亚历山大·加尔西亚·帕迪利亚公開承認,已經超過70%。美國的,已將波多黎各調降至與希臘同級的垃圾級。 波多黎各近年(至2017年)經濟衰退,失業率達11%,更出現人口外流,十年間人口減少約一成。 (zh)
  • The Puerto Rican government-debt crisis was a financial crisis affecting the government of Puerto Rico. The crisis began in 2014 when three major credit agencies downgraded several bond issues by Puerto Rico to "junk status" after the government was unable to demonstrate that it could pay its debt. The downgrading, in turn, prevented the government from selling more bonds in the open market. Unable to obtain the funding to cover its budget imbalance, the government began using its savings to pay its debt while warning that those savings would eventually be exhausted. To prevent such a scenario, the United States Congress enacted a law known as PROMESA, which appointed an oversight board with ultimate control over the Commonwealth's budget. As the PROMESA board began to exert that control, (en)
  • Krisis utang pemerintahan Puerto Riko adalah sebuah krisis keuangan yang berhubungan dengan jumlah utang pemerintah Puerto Riko. Pemerintah tersebut memiliki utang lebih dari US$70 miliar dengan rasio 68%. Pada Februari 2014, beberapa lembaga pemeringkat kredit menurunkan utang pemerintah menjadi taraf non-inventasi. Pada tanggal 3 Agustus 2015, Puerto Riko gagal membayar pembayaran obligasinya senilai US$58 juta kepada Public Finance Corporation, anak perusahaan Bank Pembangunan Pemerintah, ketika kewajiban finansial lainnya sudah terpenuhi. (in)
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  • Krisis utang pemerintahan Puerto Riko (in)
  • Puerto Rican government-debt crisis (en)
  • 波多黎各債務危機 (zh)
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