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Puerto Rico Debt Crisis: Padilla Creates Committee To Negotiate Payments Suspension With Creditors Puerto Rico Gov. Alejandro García Padilla issued an executive order Monday to create a committee charged with negotiating a suspension on debt payments with the island’s creditors for a number of years, after the U.S. territory admitted it cannot pay back its $72 billion in debt. The so-called Working Group for the Economic Recovery of Puerto Rico also will be tasked with […]