The Financial Oversight and Management Board for Puerto Rico today presented the Municipal Revenues Collection Center (CRIM, in Spanish), Puerto Rico’s municipalities, and the government of Puerto Rico a repayment plan for towns to reimburse the Commonwealth for the retirement benefits paid to municipal retirees. The repeal of Puerto Rico Law 29-2019 by the U.S. […]
The Financial Oversight and Management Board for Puerto Rico offered the central government suggestions on how to spend the $2.2 billion allocation through the CARES Act to finance unbudgeted expenses related to the pandemic “in a way that is consistent, efficient, and transparent.” “The funds provided by the CARES Act are considerable and, if used […]
The Financial Oversight and Management Board for Puerto Rico launched a web page providing information on the emergency measures by the U.S. and Puerto Rico governments, and how individuals and businesses can access the funds provided by several agencies. The Oversight Board created a page on its website to consolidate the information on the various […]
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