AAFAF seeks to promote education in business, tech
April 28, 2021
The executive director of the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF) Omar J. Marrero announced the release of a Request for Proposals (RFP) for grant administrator services for a fund created to provide education in business and technical skills, or the 21st Century Technical and Business Education Fund. The grant administrator will be […]
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Central gov’t starts distributing $100M more to Puerto Rico towns
April 15, 2021
Puerto Rico’s 78 towns have completed the application process for the third phase of the Coronavirus Relief Fund (CRF) Assistance Program to Municipalities, Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) Executive Director Omar Marrero said. As part of the process, the central government will assign $1 million to each town so they can continue to […]
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AAFAF opens applications for summer internship
April 9, 2021
The Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) announced it has opened the call for applications for its José M. Berrocal Summer Internship, a work and learning space that promotes research and professional development of university students of law, finance, economics and accounting. The mission of the AAFAF summer internship is to promote […]
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Guidelines to use $750M revolving reconstruction fund approved
March 26, 2021
Government officials announced the approval of the guidelines required to use $750 million in revolving funds, to move forward on permanent work projects under the Public Assistance Program of the Federal Emergency Management Agency (FEMA). AAFAF Executive Director Omar J. Marrero, and the Central Office of Recovery, Reconstruction and Resiliency (COR3, in Spanish) Executive Director […]
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AAFAF disburses $21M in excess sales tax collections to 40 municipalities
March 5, 2021
The Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) authorized the disbursement of $21.2 million of the excess of the Sales and Use Tax Redemption Fund (SUT, in Spanish) to 40 towns. AAFAF Executive Director Omar Marrero said the excesses identified from the SUT Redemption Fund available to municipalities may be disbursed to cover, […]
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AAFAF to participate in J.P. Morgan investment conference
March 1, 2021
Puerto Rico Fiscal Agency and Financial Advisory Authority Executive Director Omar J. Marrero will appear before corporate leaders, sponsors, institutional investors and financiers at the J.P. Morgan 2021 Global High Yield & Leveraged Finance Conference to “provide a favorable perspective on doing business in Puerto Rico and present the significant accomplishments of the government of […]
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