The Government Development Bank for Puerto Rico released its most recent liquidity statement late last week, showing a balance of $1.02 billion net as of April 30, representing a drop from the $1.11 billion the ...
Lawmakers and members of the executive branch gathered at the Puerto Rico Convention Center today are said to be considering six different scenarios that would combine a hybrid structure of a sales and use tax ...
Saying it “is the best option” to solve the government’s fiscal problems, Gov. Alejandro García-Padilla re-introduced Tuesday a proposal to establish a value added tax system he said would generate more than $2.5 billion in ...