All posts tagged "Fiscal Oversight & Management Board"

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  La Fortaleza yet to say if fiscal board has notified it about Title III

  Public affairs secretary: If creditors remain intransigent, we will go to Title III

  • Posted May 1, 2017
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  GOs ad hoc answers Puerto Rico government’s offer

  Government talks about its offer, says negotiations to continue over the coming weeks

  • Posted April 29, 2017
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  Prepa RSA Nears Closure, Finally

  Lawyers still figuring out the best way to implement deal

  • Posted April 22, 2017
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  Puerto Rico gov’t: Confidentiality agreements signed with certain creditor groups

  Negotiations to begin shortly; mediation would kick off next week

  • Posted April 3, 2017
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  Elías Sánchez pleased with oversight board’s 6th meeting

  SAN JUAN – Puerto Rico’s representative before the Financial Oversight & Management Board, Elías Sánchez, was pleased following the entity’s sixth meeting Friday in San Juan, in which it  discussed measures to boost the island’s economic development amid its fiscal...

  • Posted April 3, 2017
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  House Speaker: Oversight board hasn’t communicated with me

  SAN JUAN – House Speaker Carlos “Johnny” Méndez refused Thursday to comment on the Financial Oversight & Management Board’s demands, days after it specified the dates by which the legislature and the executive branch must present the budget,...

  • Posted March 30, 2017
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  Five things to know about Natalie Jaresko

  SAN JUAN – The $625,000 annual salary isn’t the only thing that has raised eyebrows concerning the recently appointed executive director of the Financial Oversight & Management Board, Natalie Jaresko, who was born in Chicago to Ukrainian parents. Here’s a...

  • Posted March 30, 2017
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  AGC-Puerto Rico Sets Eyes on Infrastructure

  By Philipe Schoene Roura and Eva Lloréns Vélez WASHINGTON – The Associated General Contractors Puerto Rico (AGC-PR) Chapter kicked off its mid-year meeting with remarks by AGC-PR President Francisco Díaz Massó who touted the importance of promoting the island...

  • Posted March 30, 2017
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  Prepa bondholders make counter-offer to government

  SAN JUAN – Puerto Rico Electric Power Authority (Prepa) creditors have presented the government with a counter-offer to restructure the utility’s $8.9 billion debt that one source said may result in an extension of the restructuring support...

  • Posted March 30, 2017
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  Rivera Schatz to request federal action on fiscal board contract

  SAN JUAN – Puerto Rico Senate President Thomas Rivera Schatz said  Tuesday that he will send a letter to federal agencies and Congress to request that action be taken on the $625,000 annual salary established for Natalie Jaresko, the...

  • Posted March 28, 2017