-
Economists in Puerto Rico panned the proposal to raise the rate to $9 per hour saying it would hurt businesses.
June 25 -
Puerto Rico's government tells the court the Disclosure Statement should address the likelihood the legislature will not approve new bonds for the plan of adjustment since the plan cuts pensions.
June 18 -
Through the first nine months of the fiscal year, Sales and Use Tax collections are up 30% from the year earlier.
June 10 -
The Board will address several of Puerto Rico's authorities' fiscal plans and will have an update about PREPA's transition of its systems to the private operator, LUMA Energy.
May 26 -
While its budget does not include debt service, the executive director said she anticipated amending it in the coming fiscal year once the plan of adjustment is finalized.
May 20 -
While the 2020 number was down from the 2010 figure, it was still almost 10% greater than the Puerto Rico Oversight Board's estimate.
April 27 -
After statehood, Puerto Rico's legacy bonds would likely retain their current status, but analysts are mixed on how the market would receive new debt.
April 27 -
If sales and use tax revenues surpass May 2020 expectations, some bondholders would see increased payments.
April 23 -
Non-farm employment went up for three consecutive months.
April 16 -
The board also extended the deadline for two bond insurers to withdraw from the central government bond Plan Support Agreement.
April 7