Saturday, January 22, 2022

NPP Reps Denounce Government-Proposed Debt Moratorium

By on April 5, 2016

SAN JUAN – Ahead of the possible passage of a law to effect a moratorium on the payment of Government Development Bank (GDB) debt, Reps. José Enrique “Quiquito” Meléndez and María Milagros Charbonier denounced what they called “the beginning of a process” that will end in the Puerto Rico Supreme Court.

Rep. José Enrique "Quiquito" Meléndez

Rep. José Enrique “Quiquito” Meléndez

“It is clear that, by approving the bill, the governor and legislators of the Popular Democratic Party [PDP] will produce an avalanche of lawsuits and litigation in Puerto Rico’s courts and provoke a constitutional crisis. These lawsuits will arise from the constitutional precedence over the payment of the Puerto Rico government’s obligations, specifically Article VI, Section 8 of the Constitution of Puerto Rico,” Meléndez said in a statement Tuesday.

He further said that any bill that seeks to force the government to “ignore” the Constitution of Puerto Rico and “cause a historic constitutional crisis, clearly invites the intervention of the federal Congress.”

“It is sad that in such a difficult time, the government intends to create a constitutional crisis due to its failures. It is clear the government’s strategy is to move the dispute to the courts so that, later, when the Supreme Court invalidates the law, it can blame the court for the government shutdown. This is no time to create additional crises, it is time to seek solutions and resolve the crisis,” Charbonier added in their release.

Meléndez also said that it is “due to this administration’s such erratic behavior that most Puerto Ricans support a federal intervention with a fiscal control board.”


You must be logged in to post a comment Login