Government Development Bank President Melba Acosta said Tuesday the administration “has faith” it will pull Puerto Rico out of the fiscal abyss it is currently in, and will set up mechanism to avoid a repeat ...
General Fund net revenues for September totaled $758 million, representing an increase of $50.3 million, or 7.1 percent, year-over-year, but $17.4 million below estimates, Treasury Secretary Juan Zaragoza-Gómez said Thursday upon revealing the results.
Gov. Alejandro García-Padilla submitted late Thursday to the legislature the bill that will give way to the creation of a five-member fiscal oversight board that among other things, will be responsible for enforcing compliance with ...