The economic crisis Puerto Rico is facing while in the grip of the COVID-19 pandemic requires forceful action on the part of the government and Financial Oversight and Management Board for Puerto Rico, according to nonprofit Espacios Abiertos. “When we analyze the international context and Puerto Rico’s situation in light of the economic projections contained […]
Puerto Rico-based nonprofit Open Spaces warned Monday that the “corruption virus” incubates in emergency situations such as the COVID-19 pandemic and proposed a series of measures to Gov. Wanda Vázquez and Health Secretary Lorenzo González, as recent cases have come to light about shady government purchases or questions about their delivery. In a letter, Open […]
One year after Judge Laura Taylor Swain approved the agreement on the Sales Tax Financing Corp. (COFINA, in Spanish) bonds which, with the consent of a majority of the members of the Puerto Rican legislature, was presented by the executive and the Financial Oversight and Management Board to the bondholders, a study by economist Daniel […]
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