Gov’t proposes benefit cuts to avoid pension system collapse
February 28, 2013
High-ranking Puerto Rico government officials unveiled Wednesday a package of measures aimed at resolving the Commonwealth Retirement System’s critical fiscal situation, including raising the retirement age and increasing employee contributions.
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Gov’t haul down $67M in Jan., sales tax revenue up 2.6%
February 27, 2013
Puerto Rico Treasury Department collections totaled $665 million in January, a 9 percent, or $67 million, drop from what the government reported during the same month last year, agency Secretary Melba Acosta said Tuesday.
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SBA announces new Puerto Rico, USVI district director
February 26, 2013
U.S. Small Business Acting Atlantic Regional Administrator Bernard J. Paprocki announced Tuesday the appointment of Yvette Collazo as the new District Director for the SBA’s Puerto Rico and Virgin Islands district office.
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