Gov’t suspends $1.8B in special assignments, tax credits
March 8, 2017
The government of Puerto Rico released an administrative order Tuesday suspending some $1.8 billion in special assignments and tax credits, in an attempt to bridge budgetary gaps.
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Oversight Board pegs fiscal deficit at $67.5B through ’27
December 21, 2016
The Financial Oversight and Management Board for Puerto Rico sent a letter to the outgoing and incoming governors confirming, among other things, that the Commonwealth will face a deficit of $67.5 billion over the next ...
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P.R. consumers more savvy, shopping later in season
November 28, 2016
As this year’s holiday shopping season kicks into high gear, a recent study by the Arteaga & Arteaga advertising firm revealed that this year consumers will be more astute in their purchases, mapping out budgets ...
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