Gov. Wanda Vázquez over the weekend signed off on an economic aid package for Puerto Rico’s individuals and businesses whose finances have been affected by a lockdown and 24/7 curfew in effect since Mar. 15, to contain the coronavirus COVID-19 spread. The first $500 million in assistance from the Emergency Measure Support Package that will […]
The Financial Oversight and Management Board for Puerto Rico announced that in light of the health crisis unleashed by the coronavirus (COVID-19), it will a motion in court to adjourn consideration of the proposed Plan of Adjustment’s disclosure hearing until further notice. Less than a month ago, the Oversight Board presented a proposed Plan of […]
The Financial Oversight and Management Board for Puerto Rico welcomed the decision by the U.S. Department of Transportation to tentatively grant Puerto Rico’s request to allow foreign air carriers to engage in expanded cargo and passenger transfer operations at Puerto Rico international airports. “Removing regulatory burden that inhibits cargo commerce between Puerto Rico, the mainland, […]
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