Puerto Rico’s Financial Future

For the past several years, Puerto Rico has been mired in a financial crisis, culminating in the passing of federal legislation PROMESA, which allowed the island to seek protection similar to bankruptcy in early 2017. And while Congress earmarked a $16 billion aid package in February that, along with FEMA funding, aims to address the disaster recovery needed after Hurricane Maria, some lawmakers have expressed concern that federal funds designated for disaster relief would instead be used to pay the island’s creditors. What caused this fiscal crisis in the first place? What still needs to be addressed? And what will be the long-term impact of Hurricane Maria be for Puerto Rico’s economy?

Join the IOP as we welcome Natalie A. Jaresko, Executive Director of the Financial Oversight and Management Board for Puerto Rico. Before accepting her current position, Ms. Jaresko previously served as Minister of Finance of Ukraine and as Chief Economic Section of the U.S. Embassy in Ukraine.

This conversation will be moderated by Michael Belsky, Executive Director of the Center for Municipal Finance at the Harris School of Public Policy.

RSVP is required.

Doors will open 30 minutes before the event begins. Any unclaimed seats will be released 10 minutes before the event begins. Please arrive early to claim your seat. If you can no longer attend, please cancel your ticket order on Eventbrite so others may register.

Questions? Please contact the Institute of Politics.