Rosselló presents measure to allow central gov’t to lend to PREPA, PRASA
January 11, 2018
Gov. Ricardo Rosselló introduced a measure to the Puerto Rico Legislative Assembly that would allow the central government to issue loans to the Puerto Rico Electric Power Authority (PREPA) and the Puerto Rico Aqueduct and Sewer Authority (PRASA).
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Gov’t: EDB sold its stake in Seaborne prior to bankruptcy filing
January 11, 2018
The Puerto Rico Economic Development Bank confirmed Wednesday the government entity will not be harmed by Seaborne Airlines bankruptcy filing, as it sold its 20 percent stake in the company last summer in anticipation of this decision.
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La Fortaleza unveils 5 reorganization plans to streamline gov’t, cut costs
January 9, 2018
Gov. Ricardo Rosselló’s administration officials unveiled Monday five reorganization plans under the New Government Act approved late last year, to streamline government processes.
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