Rafael Torregrosa

McKinsey-Designed Fiscal Plan Mandates Devastating Austerity: Pension Cuts, School Closures, Healthcare Privatization, Furloughs

| Importance: 10/10

The Financial Oversight and Management Board unanimously approved a brutal 10-year fiscal austerity plan (2017-2026) developed with McKinsey’s strategic consulting, imposing severe cuts to pensions, education, and healthcare to prioritize debt repayment to bondholders. The plan’s key …

McKinsey & Company Financial Oversight and Management Board for Puerto Rico Puerto Rico Government Rafael Torregrosa mckinsey puerto-rico austerity shock-doctrine pension-theft +5 more
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