A budget review published by the Institute for Energy Economics and Financial Analysis of the approved fiscal-recovery blueprint for the Puerto Ri
Read MoreThe Financial Oversight and Management Board for Puerto Rico sent a letter to the outgoing and incoming governors confirming, among other things, that
Read MoreThe heads of the island’s two largest banks took turns in recent days expressing their concerns about the current fiscal scenario and whether po
Read MorePuerto Rico Treasury Secretary Melba Acosta-Febo said today that preliminary General Fund revenue collections for May totaled $753 million, exceed
Read MoreIngrid Vila Biaggi, chief of staff to Puerto Rico Governor Alejandro García-Padilla, announced today that a balanced budget for the 2014-2015 fis
Read MorePuerto Rico’s general obligation credit ratings could be spared from another downgrade from Standard & Poor’s at least through March 2015
Read MorePuerto Rico government officials told investors Tuesday that the Commonwealth's Fiscal 2014 General Fund budget revenue will grow by $1.7 billion,
Read MoreThe Treasury Department has closed the gap between Puerto Rico’s actual General Fund income and the income estimated by the previous administrat
Read MoreHigh-ranking government officials said Thursday that the decision by Standard & Poor’s a day earlier to slash Puerto Rico’s credit rating
Read MorePuerto Rico’s public finances have stabilized but are still weak, its indebtedness levels and rates are unsustainable, its fiscal viability over
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