All posts tagged "Gerardo Portela"

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  Puerto Rico officials meet with financial institutions in NY

  Stress that investments are still eligible under Community Reinvestment Act's consideration for development activities issued after Hurricane Maria

  • Posted October 16, 2018
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  Over 4,000 Puerto Rico public employees take part in Voluntary Transition Program

  More than 2,000 have already left government work, reducing payroll spending

  • Posted July 2, 2018
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  Puerto Rico House introduces measure requiring information on debt negotiations

  Island's fiscal agency claims it has been sharing information with the legislature

  • Posted April 13, 2018
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  Only 1,500 public employees approved for P.R. Govt’s Incentivized Resignation Plan 

  Voluntary transition program reduces public expenses without terminating anybody

  • Posted March 1, 2018
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  Loan conditions called into question during Prepa omnibus hearing

  Meanwhile, Prepa officials insisted that unless they get the loan, the utility will have to start cutting power in Puerto Rico as early as this weekend

  • Posted February 15, 2018
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  Government warns of Puerto Rico electric, water utility finances

  Its fiscal team and federal government working on federal loans that would inject emergency liquidity to central government and public corporations

  • Posted December 5, 2017
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  Fiscal board wants more control over Puerto Rico’s budget

  How much money will be available to creditors with new fiscal plan isn't known

  • Posted December 5, 2017
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  Puerto Rico fiscal board urged to engage in federal tax reform process

  Panelists discuss effectiveness of government-granted credits in front of board, among other tax-related issues

  • Posted November 30, 2017
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  Puerto Rico gov’t: Cash need of $3.6B before year’s end

  White House says willing to provide financial assistance in exchange for greater oversight over use of federal funds

  • Posted November 6, 2017
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  What is Puerto Rico’s fiscal agent doing in aftermath of María?

  Head of island's Financial Advisory & Fiscal Agency Authority talks about work being done after the storm, including agency consolidations, liquidity and bankruptcy cases under Title III

  • Posted October 19, 2017