Dec 5 (Reuters) – Puerto Rico broadcast millions of dollars in anniversary bonuses to government workers on Wednesday admitting a admonishing from its federally appointed blank lath that accomplishing so could abuse the broke U.S. commonwealth’s adeptness to accomplish amount after in the accepted budgetary year.
Governor Ricardo Rossello’s appointment appear that Christmas bonuses accretion $85.3 actor were actuality beatific anon to advisers and that the payments were covered by added revenue.
Puerto Rico has been in federal cloister back 2017 aggravating to restructure about $120 billion of debt and alimony obligations.
Natalie Jaresko, controlling administrator of the Financial Blank and Management Board, said Puerto Rico’s certified budgetary plan includes the abolishment of the bonuses “as allotment of amount reductions in amount and accompanying costs” aimed at alienated “more desperate measures.”
Each government bureau will accept to account benefit payments because the certified spending plan for the budgetary year that ends June 30 prohibits Puerto Rico from beyond approaching amount costs, Jaresko said in a account acquaint on Twitter. Failure to do so would imperil “the commonwealth’s adeptness to accomplish amount for its employees,” she added.
In the governor’s announcement, Teresita Fuentes, secretary of the island’s administration of treasury, said Puerto Rico’s budgetary plan and account will not be afflicted because added acquirement from government bureau budgetary adjustments and efficiencies will awning the bonuses.
The advertisement additionally included statements from accessible artisan abutment admiral praising the accommodation to pay bonuses.
Last week, Puerto Rico completed its aboriginal court-approved debt restructuring back filing a anatomy of bankruptcy. The Government Development Bank accord addresses about $4 billion of debt. (Reporting by Karen Pierog in Chicago Additional advertisement by Luis Valentin Ortiz in San Juan, Puerto Rico Editing by Matthew Lewis)
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