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The report aims to answer how the debt problem developed and to make recommendations to prevent such a problem from ever arising again in Puerto Rico.
August 21 -
A judge's ruling on whether the U.S. government is responsible for covering Oversight Board-imposed bond losses may come in the winter.
August 17 -
Key parties say the Oversight Board must certify a fiscal plan with more revenue before they will approve the agreement.
August 15 -
In early December a Puerto Rico government official said that he expected the fiscal year General Fund revenues to be 25% less than budgeted.
August 13 -
The Puerto Rico Oversight Board, the government of Gov. Ricardo Rosselló, COFINA senior bondholders’ representatives, COFINA subordinate bondholders’ representatives, and bond insurers agreed to the deal.
August 8 -
A draft of the plan in early July indicated that 71.3% of the funding was to come from the federal government.
August 8 -
The governor vowed to disobey Swain’s order, which he said would end Christmas bonuses or lead to "massive layoffs."
August 7 -
Christian Sobrino Vega takes over directorship of the agency in charge of debt restructuring from Gerardo Portelo Franco,
August 1 -
Puerto Rico has released three key reports since July 10.
July 30 -
“I realize the urgency of the situation,” U.S. District Court Judge Swain said at the end of the Title III bankruptcy hearing in San Juan.
July 25