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The Oversight Board's executive director said the budget's future is linked to government introduction of at-will employment law.
May 23 -
The board gave up on plan to reduce paid vacation and sick time and eliminate Christmas bonuses, but gained a promise of island-wide at-will employment.
May 21 -
The decline in the unemployment rate is mostly due to emigration, a challenge as the territory restructures its debt.
May 18 -
April’s General Fund collection was 15.7% higher than that of April 2017.
May 16 -
GAO says Congress should consider giving SEC penalty authority over issuers, stripping Puerto Rico's triple-tax exemption,and expanding investor protection.
May 9 -
Bondholders will have to rely on the Oversight Board or the courts for debt service, analysts said.
May 7 -
Puerto Rico would have to have a vibrant economy and a stable government that is fiscally sound, said Rep. Rob Bishop.
May 4 -
The Financial Oversight and Management Board for Puerto Rico approved the plan by a 6-1 vote Thursday after negotiations with the commonwealth’s government failed.
April 20 -
Matosantos' ownership of renewable energy businesses on the island is said to conflict with responsibility overseeing PREPA.
April 11 -
The vote came as Gov. Rossello said his fiscal plan will not accede to board demands.
April 4