Oversight Board calls for comments on gov’t fiscal plan

Written by  //  November 11, 2016  //  Government  //  No comments

fiscal-control-board-logoThe Financial Oversight and Management Board for Puerto Rico opened a call Thursday for individuals and organizations to provide written comments on the government of Puerto Rico’s proposed fiscal plan.

Puerto Rico Gov. Alejandro García-Padilla submitted the plan to the Board — an entity created under the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) — on Oct. 14, 2016.

Subsequently, the Board requested and received from the government additional information to aid in the analysis of said plan.

The Board’s responsibilities include analyzing and certifying that the government of Puerto Rico’s Fiscal Plan meets the requirements of PROMESA, the federally appointed entity said in a statement.

Through this ‘Invitation to Comment’ the Board seeks to obtain input from interested third parties to further its analysis. Comments to the Board on the Fiscal Plan must be received by Nov. 16 at 9 a.m. Eastern Time.

Comments should be addressed to Board Chair José B. Carrión and sent electronically to comments@oversightboardpr.gov.

To facilitate the input, responders should use the survey available on the Board’s website: www.oversightboard.pr.gov under the “DOCUMENTS” section. The Fiscal Plan is also available on the website for review.

“The Board encourages all interested parties to comment. All comments received by the Board will be available on its website shortly after the comment deadline, unless confidentiality is requested,” the entity said Thursday.

“The request for confidentiality must be stated explicitly within the response,” it said in a statement.

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