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.

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

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