new york puerto rico talk creditors friday discuss adjust long-anticipated restructure plan unveil september government development bank president melba acosta say statement face 70 billion debt 45 percent poverty rate puerto rico try solve economic crisis hit substantial debt payments may july default debt try persuade creditors take concessions september puerto rico officials unveil sweep puerto rico fiscal economic growth plan fegp include cut teacher pension new financial control board restructure 18 billion debt due come five years propose plan subject negotiation creditors rely significant action washington well pass legislative hurdle u.s. territory fegp revise give recent reduction revenue projections already report pr treasury acosta say add would extend five years ten conference call creditors take place friday say give restructure proposal adjust accordingly say island treasury say december revise revenue estimate full year 2016 9.3 billion 9.8 billion 508 million reduction puerto rico hold call creditors tweak restructure plan official