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Net revenues came in 21.6% ahead of Puerto Rico Oversight Board projections in the first seven months of the fiscal year.
April 6 -
A Biden executive order may lead to the expansion of a central Puerto Rico industry — pharmaceuticals.
April 1 -
The pandemic and the resultant lockdowns have hit employment in the 50 states worse than they have on the island, which saw a 1.6% decline.
March 17 -
The First Circuit said Puerto Rico credit unions did not take appropriate timely steps to challenge the bond restructuring.
March 3 -
Reducing tax fraud is one of the goals of the fiscal plan approved by the Puerto Rico Oversight Board in May.
February 22 -
Net revenues in the first six months were $5.19 billion. Without postponed income tax revenues from the prior fiscal year, this figure would have been $4.711 billion.
February 18 -
Puerto Rico private sector employment had an even more serious contraction in 2020 on the island than it did in the United States as a whole.
February 17 -
The judges found the appellants had failed to seek stays or appeals of the approved bond restructuring — on about $17.6 billion of debt — in a timely fashion and the plan had advanced well beyond the point where it could be practically undone.
February 9 -
The board aims to improve transportation resources on the island.
February 1 -
Bondholders complain about lack of resolution and payment, and hitting 'deal exhaustion,' but some stakeholders are hopeful for a resolution this year.
January 25