In early 2017, the Puerto Rican government-debt crisis posed serious problems for the government which was outstanding bond debt that had climbed to $70 billion or $12,000 per capita at a time with 12.4% unemployment.
The Puerto Rican government-debt crisis posed serious problems for the government. This was in early 2017. This government was outstanding bond debt. This government was $12,000 per capita at a time with 12.4% unemployment. This outstanding bond debt had climbed to $70 billion.