for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Bonds News

Lew urges Puerto Rico to develop 'credible' 2016 budget -Treasury

WASHINGTON, April 28 (Reuters) - U.S. Treasury Secretary Jack Lew urged Puerto Rican officials on Tuesday to develop a “credible” budget for 2016 as well as a long-term plan to right the commonwealth’s public finances, a Treasury official said.

Lew spoke by phone separately with Puerto Rico Governor Alejandro Garcia Padilla and with local lawmakers, the official said in a statement. (Reporting by Jason Lange; Editing by Lisa Lambert)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up