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The Economic Development Bank estimated the first half of fiscal 2022 had experienced a 5.5% increase in growth, upward from a 3.6% increase in previous estimates.
April 6 -
The governor highlighted the positive role of federal aid on the island.
March 30 -
The commonwealth's unemployment rate hit a record low in February.
March 28 -
Some critics say relying on federal aid may obscure the underlying problems Puerto Rico faces in the longer term as it emerges from bankruptcy.
March 25 -
Puerto Rico completed the exchange of more than $33 billion of existing bonds and other claims into $7 billion of new bonds plus cash and CVIs on Tuesday.
March 15 -
Restructured muni debt has "typically outperformed the broader muni market, as issuers emerge from bankruptcy with higher debt-servicing capacity and the debt re-enters the municipal high-yield index," noted PIMCO.
March 14 -
The ruling means the restructuring set for Tuesday will proceed.
March 11 -
The judges appeared skeptical about the need for a stay.
March 10 -
A group of bondholders and bond insurers also submitted on Sunday a statement opposing the teachers’ request for stay.
March 7 -
The teachers are trying to prevent enactment on March 15.
March 4