Puerto Ricans gathered outside San Juan U.S. District Court on Thursday to protest the Fiscal Control Board (JCF), the entity in charge of regulating electricity debt and power authority price increases. The protest, which was organized by labor and community groups, began at 4:00 PM local time in front of the federal court.
“For years, we have insisted that the Board was only brought to the island to pay an illegal and illegitimate debt, and that is our main claim — that the board is a dictatorial and colonialist structure.”
The Fiscal Oversight Board, responsible for overseeing the restructuring of Puerto Rico’s debt, certified a new fiscal plan for the AEE at the end of June and announced its intention to amend the debt adjustment plan of the public corporation, amounting to $10 billion.
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