Puerto Rico gov’t projects 17% revenue growth in FY ’14
October 16, 2013
Puerto Rico government officials told investors Tuesday that the Commonwealth's Fiscal 2014 General Fund budget revenue will grow by $1.7 billion, or 17 percent, largely due to new tax measures, amendments to Law 154 and an expansion of the Sales and Use Tax (IVU, as it is known in Spanish) base.
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Op-Ed: Puerto Rico’s glaring signal to change course
October 15, 2013
Various publications have recently highlighted Puerto Rico’s economic troubles as reflected in the municipal bond market.
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REOF Capital launches financial research division
October 7, 2013
San Juan-based financial advisory firm REOF Capital is leveraging its in-depth knowledge of Puerto Rico market conditions to launch a financial research division specializing in bonds, managing director Antonio Sosa-Pascual announced.
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