CNE: PROMESA has fallen short of its goals 5 yrs. after enactment
June 30, 2021
Five years after the approval of the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), the objectives, achievements and successes attained fall short, the Center for a New Economy concluded in the latest edition ...
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AAFAF trains 100+ public employees on scope, reach of PROMESA in Puerto Rico
May 21, 2021
The Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) held its first workshop organized by the Institute for Professional Training and Public Fiscal Governance, targeting all chief legal officers of the Commonwealth’s government agencies. ...
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Congress files bill to end conflicts of interest in PROMESA debt restructuring
February 24, 2021
Rep. Nydia M. Velázquez (D-NY) has introduced the “Puerto Rico Recovery Accuracy in Disclosures Act of 2021.” Known as PRRADA, the bill would extend current US law to require disclosures of conflicts of interest in ...
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