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The Puerto Rico Oversight Board is seeking the return of fees connected with Puerto Rico bonds and swaps.
September 21 -
Puerto Rico's Fiscal Agency and Financial Advisory Authority said it "is available to assist the municipalities, as financial advisor and fiscal agent of the Government, on any restructuring that it deems necessary."
September 16 -
The statement could be interpreted as also suggesting a restructuring of $242 million in bonds.
September 14 -
But it still remains slightly higher than it was a year ago.
September 6 -
The board says the law will reduce economic activity and government revenues.
September 2 -
Although he called them "excessive and arbitrary," Gov. Pedro Pierluisi agreed to create a reserve fund, reduce the maximum conservation easement tax credit, and freeze implementation of a physician tax incentive.
August 30 -
Revenues were 14.4% higher than those in the previous fiscal year.
August 23 -
The Oversight Board told Gov. Pedro Pierluisi he must take steps to make sure it's revenue neutral or it could block the new tax.
August 22 -
While a smaller population could be economically negative, the revised count lowers the median age, which would be positive.
August 19 -
The indictment of Wanda Vázquez is the latest in a series of corruption charges against Puerto Rico politicians over the last 18 months.
August 5