P.R. gov’t adjusting budgets to bridge revenue shortfall
January 14, 2016
The government of Puerto Rico is making budget adjustments amounting to some $254 million, which is about half of the shortfall in revenue collections the Treasury Department anticipated late last year.
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Gov’t talks options to slash costs while keeping workers
May 1, 2014
Gov. Alejandro García-Padilla's administration is contemplating a number of austerity measures to scale back government expenses, including proposing an across-the-board $600 Christmas bonus for all public employees and eliminating payments of excess or unused sick days.
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