Media playback is unsupported on your device

Puerto Rico default: Why is the economy struggling?

3 August 2015 Last updated at 22:58 BST

The US territory of Puerto Rico has been struggling to stay on top of its mounting debt.

Its government confirmed on Monday that it missed a $58m (£37m) debt repayment due at the weekend, putting it officially in default.

Outside Source looks at the reasons behind Puerto Rico's economic woes.