All posts tagged "Fiscal Oversight & Management Board"

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  Rosselló and González question fiscal board exec. director’s salary

  Puerto Rico Gov. Ricardo Rosselló scrutinized the $2.5 million, four-year contract for the Fiscal Oversight Board’s new executive director, Natalie Jaresko. (Courtesy from La Fortaleza) SAN JUAN — Puerto Rico Gov. Ricardo Rosselló and Resident Commissioner Jenniffer...

  • Posted March 27, 2017
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  Fiscal Oversight Board sets rules for FY 2018 budget

  The government must generate $200M in savings

  • Posted March 25, 2017
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  Private Sector Asks Congress to Reject Prepa Agreement

  SAN JUAN – Representatives from the Puerto Rico private sector have asked the chairman of the U.S. House subcommittee on Indian, Insular and Alaska Native Affairs, Doug LaMalfa, to reject the restructuring support agreement (RSA) between the Puerto Rico Electric...

  • Posted March 21, 2017
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  Teachers Association: workdays should be reduced for legislators too

  Demands equal "sacrifice" from the Legislature

  • Posted March 18, 2017
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  Fiscal board member: Municipalities must make adjustments

  PONCE, Puerto Rico – Fiscal oversight board member Ana Matosantos warned municipalities that they must make adjustments because, according to the fiscal plan, the central government would considerably reduce their fund allocations. “The amount of money the central...

  • Posted March 16, 2017
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  Opposition accuses Rosselló of siding with Oversight Board

  SAN JUAN – Minority legislators expressed their repudiation Monday over the agreement reached by Gov. Ricardo Rosselló and the Fiscal Oversight & Management Board, whose measures will have a considerable impact on the Puerto Rican government’s operations. Popular Democratic Party (PDP)...

  • Posted March 13, 2017
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  Gov. Rosselló says measures were adjusted but fiscal plan wasn’t amended

   SAN JUAN – Gov. Ricardo Rosselló said Saturday afternoon that he presented the fiscal control board additional measures to avoid its “proposed 20 percent reduction in public servants’ salaries,” but did not make the substantive changes requested by...

  • Posted March 11, 2017
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  Vargas Vidot says fiscal board demands should be challenged

  Believes proposed cuts show entity's 'malice'; asks the people 'rise up'

  • Posted March 10, 2017
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  Governor asked to not collaborate with fiscal board

  PIP rep reiterates need to confront it to avoid more austerity measures

  • Posted March 10, 2017
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  Banks expect oversight board, gov’t administration to reach consensus on fiscal plan

  SAN JUAN – The Bankers Association said Friday it remains vigilant as to the request made by the Financial Oversight and Management Board, giving the government until Saturday to change its fiscal plan, claiming it does not comply with the federal Promesa law....

  • Posted March 10, 2017