U.S. Congress OKs $6.8B in emergency disaster relief funding for PR/USVI
February 8, 2018
The U.S. House and Senate reached an agreement Wednesday on a federal disaster relief aid package for Puerto Rico and the U.S. Virgin Islands of $6.8 billion, government officials announced.
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Calls to keep Puerto Rico’s Institute of Statistics Independent grow louder
February 7, 2018
The American Statistical Association (ASA), the world’s largest community of statisticians, together with leaders of the Puerto Rican scientific community and more than 1,800 petition signers are urging Puerto Rico’s legislature and Gov. Ricardo Rosselló to keep its statistical agency independent.
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OBoard rejects gov’t fiscal plan, requests changes by Feb. 12
February 6, 2018
The Financial Oversight and Management Board for Puerto has asked the Puerto Rico government to revise the proposed fiscal plans for the Commonwealth, the Puerto Rico Electric Power Authority and the Puerto Rico Aqueduct and Sewer Authority, as per letters sent Monday.
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Private Sector Coalition lobbies for ‘critical’ independence of gov’t statistics
February 6, 2018
The Puerto Rico Private Sector Coalition, which represents more than 30 local professional organizations, on Monday argued that given the island’s circumstances post-Hurricane María and the potential impact of government measures, it is “critical” to have a body that ensures the independence and transparency of metrics and statistics to provide complete, reliable, and fast statistics.
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P.R.’s energy sector ‘must be transformed’ after hurricanes
February 2, 2018
The Puerto Rico Electric Power Authority, and the island’s energy sector as a whole, must be overhauled following the destruction caused by Hurricanes Irma and María to be more resilient and responsive to emergencies.
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P.R. Planning Board says 200K homes in flood-prone areas
January 25, 2018
The Puerto Rico Planning Board revealed that, according to estimates made in coordination with the Federal Emergency Management Agency, some 200,000 homes are located in flood-prone areas, as per flood maps for insurance rates.
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Rosselló administration to privatize Puerto Rico Electric Power Authority
January 23, 2018
Puerto Rico Gov. Ricardo Rosselló announced his administration will begin the privatization of the Puerto Rico Electric Power Authority (PREPA), which he described as “a deficient and obsolete system of generation and distribution of energy on the island that was evident to citizens during the aftermath of Hurricane María.”
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P.R. Institute of Statistics chief questions plans to consolidate agency
January 22, 2018
Puerto Rico Institute of Statistics Executive Director Mario Marazzi questioned the government’s plans to consolidate that public agency with the sole purpose of outsourcing its services down the road.
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CPI: 4 co.’s have separately proposed buying all of PREPA’s assets
January 17, 2018
The rush for the energy market after Hurricane María has been so high that three companies have separately made offers to buy all of the Puerto Rico Electric Power Authority’s assets.
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P.R. governor’s office announces search for Inspector General
January 13, 2018
The Puerto Rico governor's office has officially begun to accept candidates for the post of the Inspector General, and is looking for an experienced candidate to fill the job, with the purpose of ensuring that governmental institutions provide quality services to the general public.
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Rosselló presents measure to allow central gov’t to lend to PREPA, PRASA
January 11, 2018
Gov. Ricardo Rosselló introduced a measure to the Puerto Rico Legislative Assembly that would allow the central government to issue loans to the Puerto Rico Electric Power Authority (PREPA) and the Puerto Rico Aqueduct and Sewer Authority (PRASA).
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P.R. Energy Commission unveils proposed microgrids regulation
January 10, 2018
Aware of the need to quickly and effectively restore Puerto Rico’s electrical service and simultaneously ensure its sustainable long-term development, the Puerto Rico Energy Commission has drafted the first regulation on the development of microgrids on the island.
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EDB offers emergency loans of up to $50K to help P.R. physicians recover
January 10, 2018
The Puerto Rico Economic Development Bank has signed an agreement with the College of Physicians and Surgeons to offer emergency loans of up to $50,000 to physicians whose practices were affected by Hurricane María.
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La Fortaleza unveils 5 reorganization plans to streamline gov’t, cut costs
January 9, 2018
Gov. Ricardo Rosselló’s administration officials unveiled Monday five reorganization plans under the New Government Act approved late last year, to streamline government processes.
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P.R. OBoard opens comment period for $1.5B in ‘critical energy projects’
January 8, 2018
The Financial Oversight and Management Board for Puerto Rico announced the start of the 30-day public comment period for four of the critical projects submitted through the Critical Projects Process (CPP) and under the consideration of the federally appointed entity’s Revitalization Coordinator.
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