YTD revenue collections top $6B, but fall short in March
April 9, 2014
General Fund collections for the month of March totaled $785 million, down 9.7 percent when compared to the $1 billion on record for March 2013.
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Gov’t to pursue business opportunities in LatAm, Europe
April 8, 2014
The government of Puerto Rico plans to spend $750,000 over a 12 month-period starting in June to open and run commercial offices in Colombia and Perú — and launch a magazine to document its actions — to drum up business in Latin America and establish the island as the bridge between that region, Europe and the United States.
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GDB spends $2.6M on stateside debt restructuring firms
April 8, 2014
The Government Development Bank for Puerto Rico spent $2.6 million to pay for the services of two stateside law firms, Cleary Gottlieb Steen & Hamilton LLP and Proskauer & Rose LLP, seeking advice on “financing plans and other related matters.”
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