Puerto Rico’s debt could shut down schools
Puerto Rico’s debt – amounting to more than $72bn – could have adverse effects on schools, pensions and healthcare.
Published On 5 Aug 2015
Creditors are expecting a response from the government of Puerto Rico after it defaulted with debt amounting to more than $72bn.
It is expected the government will restructure the debt, but some economists have suggested closing schools, raising taxes and firing teachers.
Al Jazeera’s Andy Gallacher reports from Puerto Rico.
Source: Al Jazeera