Search results
Results From The WOW.Com Content Network
The Budget of the Government of Puerto Rico ( Spanish: Presupuesto del Gobierno de Puerto Rico) is the proposal by the Governor of Puerto Rico to the Legislative Assembly which recommends funding levels for the next fiscal year, beginning on July 1 and ending on June 30 of the following year.
The Puerto Rican government-debt crisis was a financial crisis affecting the government of Puerto Rico. [a] The crisis began in 2014 when three major credit agencies downgraded several bond issues by Puerto Rico to "junk status" after the government was unable to demonstrate that it could pay its debt.
The government of the Commonwealth of Puerto Rico is a republican form of government with separation of powers, subject to the jurisdiction and sovereignty of the United States. [1] [2] Article I of the Constitution of Puerto Rico defines the government and its political power and authority.
A federal judge on Tuesday tentatively approved a portion of the newest plan to restructure $10 billion of debt owed by Puerto Rico’s power company amid heated negotiations between creditors and ...
The filing includes only Puerto Rico's central government, which owes some $18 billion in debt backed by the island's constitution. On paper, it does not include $17 billion of sales tax-backed ...
Elections in Puerto Rico. A referendum of the status of Puerto Rico was held on November 3, 2020, concurrently with the general election. The Referendum was announced by Puerto Rico Governor Wanda Vázquez Garced on May 16, 2020. This was the sixth referendum held on the status of Puerto Rico, with the previous one having taken place in 2017.
The public debt of Puerto Rico is the money borrowed by the government of Puerto Rico through the issue of government bonds by the Government Development Bank and other government agencies.
The economic losses business owners and consumers in Puerto Rico have been enduring during recurrent power outages have been hard to measure, prompting Rep. Nydia Velázquez to ask the Dept. of ...