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IEEFA Puerto Rico: PREPA’s approved budget faces 5 years of shortfalls

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IEEFA Puerto Rico: PREPA’s approved budget faces 5 years of shortfalls
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News is My Business

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May 28, 20180668

IEEFA Puerto Rico: PREPA’s approved budget faces 5 years of shortfalls

A budget review published by the Institute for Energy Economics and Financial Analysis of the approved fiscal-recovery blueprint for the Puerto Ri

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December 21, 20160695

Oversight Board pegs fiscal deficit at $67.5B through ’27

The Financial Oversight and Management Board for Puerto Rico sent a letter to the outgoing and incoming governors confirming, among other things, that

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April 28, 201521269

Bankers ‘frustrated,’ monitoring gov’t solutions to crisis

The heads of the island’s two largest banks took turns in recent days expressing their concerns about the current fiscal scenario and whether po

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Preliminary May 2014 collections beat estimate by $29M

Puerto Rico Treasury Secretary Melba Acosta-Febo said today that preliminary General Fund revenue collections for May totaled $753 million, exceed

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Puerto Rico gov. vows to submit balanced budget for FY ’15

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S&P: 1-in-3 chance of a Puerto Rico ratings cut by ’15

Puerto Rico’s general obligation credit ratings could be spared from another downgrade from Standard & Poor’s at least through March 2015

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Puerto Rico gov’t projects 17% revenue growth in FY ’14

Puerto Rico government officials told investors Tuesday that the Commonwealth's Fiscal 2014 General Fund budget revenue will grow by $1.7 billion,

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August 20, 20130514

Puerto Rico Treasury says it has bridged deficit by 75%

The Treasury Department has closed the gap between Puerto Rico’s actual General Fund income and the income estimated by the previous administrat

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Puerto Rico GDB, Treasury: S&P action is ‘wake-up call’

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Puerto 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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