Puerto Rico revenues up $190M in Dec., IVU falls short
January 10, 2014
Puerto Rico Treasury Secretary Melba Acosta released Thursday preliminary revenue numbers for December, totaling $913 million, up by $190 million, or 26 percent, compared to last year.
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OMB: Puerto Rico expenses under budget, down 6% YOY
January 9, 2014
Driven by a drop in payroll and the implementation of a fiscal improvement program at the Education Department, the Office of Management and Budget said Wednesday that Puerto Rico’s expenses so far this fiscal year ...
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Report: Public Buildings Auth. ‘target’ for downgrade
January 8, 2014
The Puerto Rico Public Buildings Authority’s high level of indebtedness — estimated at $4.2 billion — and whether it has repayment capacity, could make it an “easy target” for credit ratings agencies, local analyst firm ...
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