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Bondholders say Puerto Rico is in a good position to pay the amounts listed in the February 2020 proposed Plan of Adjustment.
December 22 -
The board wants to increase tax compliance, spend more on healthcare capital projects, and advance the release of CAFRs, among other things.
December 18 -
He has a background working in the island's pharmaceutical industry and for the island's government working to attract and retain private sector firms.
December 15 -
Juan Carlos Blanco has a background in law, finance, and government service.
December 9 -
The president named former Utah and Michigan budget director John Nixon and New York educator Betty Rosa. Ana Matosantos may be gone permanently from the board.
December 8 -
Yield-starved investors will help the deal get done, despite credit risks and the island's bankruptcy overhang.
December 8 -
The governor-elect also plans to appoint Manuel Cidre as secretary of economic development and commerce.
December 2 -
The Supreme Court decision in the Aurelius case that the Oversight Board was a local entity affected the U.S. Court of Federal Claims' decision.
November 24 -
But the economy is still significantly smaller than it was a year ago.
November 23 -
Under certain conditions the board could submit the proposal to the court without a further vote.
November 20