CBP launches new mobile app for prospective employees
July 11, 2017
U.S. Customs and Border Protection announced Monday the launch of CBP Jobs, a new mobile app for prospective agents and officers to track their progress through the hiring process.
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PREPA officially under Title III protection
July 3, 2017
Gov. Ricardo Rosselló on Sunday asked the Fiscal Oversight and Management Board for Puerto Rico to certify the filing of a petition for Puerto Rico Electric Power Authority to enter into Title III, to adjusts its debts to a sustainable level under court supervision.
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P.R. Treasury Dept. collects $708.8M in May
June 21, 2017
Net revenues recorded to the General Fund totaled $708.8 million in May, with fiscal year-to-date (July-May) revenues reaching $8.3 billion, Treasury Secretary Raúl Maldonado Gautier said Tuesday.
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Lawmakers start hearings on proposed $9.5B budget
June 8, 2017
Members of the House and Senate Treasury Commissions began Wednesday public hearings on the proposed budget for the 2017-2018 fiscal year, which exceeds $9.5 billion, outlined in Joint House Resolutions 186 and 187.
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Bill studies plan to collect old State Insurance Fund debt
June 8, 2017
The House Labor Affairs Commission on Wednesday held a hearing on Bill 1096, which seeks to establish an incentive plan to benefit employers insured or uninsured with the State Insurance Fund (SIF), and shore up some $20 million for the public agency.
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PR gov’t health officials: ’16 Zika epidemic is over
June 6, 2017
Puerto Rico Health Department officials confirmed Monday the end of the Zika epidemic on the island, saying levels have substantially decreased since the same reporting period in 2016, with approximately 10 cases reported in each four-week period since April 2017.
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Rosselló presents $9.5B budget to PR Legislature
June 1, 2017
Gov. Ricardo Rosselló presented Wednesday a budget of $9.5 billion to Puerto Rico’s Legislative Assembly, which guarantees essential services and pension payments, and which also makes contributory justice for the citizens of the island, he said.
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PR gov’t officials ask Congress to consider PR in budget
May 26, 2017
Gov. Ricardo Rosselló, Resident Commissioner Jenniffer González, and Senate President Thomas Rivera-Schatz joined forces Thursday in an effort from the federal capital to insert Puerto Rico into the discussion of the United States budget.
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Oversight Board, UPR students discuss fiscal issues
May 25, 2017
The Financial Oversight and Management Board for Puerto Rico meet Wednesday with student representatives of the University of Puerto Rico’s 11 regional campuses, in addition to the Plastic Arts and Design Schools and the Puerto Rico Conservatory of Music, to discuss the public university system’s fiscal situation.
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Oversight Board certifies Highway, Retirement Title III’s
May 23, 2017
The Financial Oversight and Management Board for Puerto Rico announced Monday it approved, certified and filed in the U.S. District Court for the District of Puerto Rico voluntary petitions under Title III of the Puerto Rico Oversight, Management and Economic Stability Act for the Puerto Rico Highway and Transportation Authority and the Government of Puerto Rico Employees Retirement System.
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Experts: Board head Jaresko revived Ukraine’s economy
May 22, 2017
Ukraine, 66 times the land area of Puerto Rico, is the largest country wholly within Europe. The Texas-size former Soviet republic has precious little in common with the tiny U.S. commonwealth except that both are rapidly losing population — and both face huge fiscal challenges ahead.
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Velázquez bill would boost P.R. small business growth
May 19, 2017
The top Democrat on the House Small Business Committee, Rep. Nydia M. Velázquez (D-NY), unveiled Thursday an array of legislative proposals aimed at igniting small business growth and entrepreneurship in Puerto Rico.
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Rosselló certifies 260 co.’s creating 1K jobs islandwide
May 17, 2017
Gov. Ricardo Rosselló announced Tuesday the certification of 260 companies that are creating more than 1,000 jobs islandwide in the areas of sales, service and manufacturing.
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PR gets $4.1M for healthcare, firefighting services
May 17, 2017
Resident Commissioner Jenniffer González-Colón announced Tuesday the awarding of federal funds in the amounts of $3.5 million to the Barceloneta Primary Health Services Inc. health care center, and $613,914 to the Puerto Rico Firefighter Corps.
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GDB, creditors reach debt restructuring agreement
May 16, 2017
Gov. Ricardo Rosselló announced Monday that the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, for its Spanish acronym) and the Government Development Bank of Puerto Rico have entered into a restructuring support agreement (RSA) with a significant portion of its major stakeholders.
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