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Puerto Rico Passes $787 Million Financial Package as Coronavirus Pandemic Further Cripples Economy

HeadlineMar 24, 2020

Puerto Rico passed a record $787 million financial package to fight the economic hit caused by the pandemic. Measures include a three-month moratorium on mortgage payments, as well as other loans; bonuses for essential services providers such as medical staff and police; and improving remote education by buying tablets and educational tools. Governor Wanda Vázquez also said Puerto Rico’s public sector employees will keep getting paid, and small businesses and self-employed workers will receive cash to cope with the crisis.

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