As part of its initiative to enhance public disclosure, the Government Development Bank for Puerto Rico recently provided a “special liquidity update,” while the Treasury Department posted a Commonwealth General Fund cash flow projection for Fiscal 2015.
A group of Doral Bank employees held a news conference Thursday, urging Gov. Alejandro García-Padilla to stop the government’s “attack” on their workplace, and “save their jobs.”
Puerto Rico Gov. Alejandro García-Padilla announced changes to his fiscal team Wednesday that call for shifting Treasury Secretary Melba Acosta to the helm of the Government Development Bank, and naming Juan Zaragoza-Gómez as her successor at the agency. The governor also announced the appointment of Luis Cruz as director of the Office of Management and Budget.