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The board also said the local government's $18 billion in the bank doesn't give it additional money to pay bondholders.
October 18 -
The gain was led by a 53% jump in revenue from the Act 154 excise tax, which is due to be phased out.
September 17 -
Treasury Secretary Steve Mnuchin said Puerto Rico will have to look for an alternative to the Act 154 tax.
September 12 -
Judge Laura Taylor Swain sided with the Oversight Board as it sues the local government to comply with its fiscal plans.
August 23 -
She also names Elí Díaz Atienza to fill the role as her representative to the Oversight Board.
August 21 -
It remains unclear how the new governor may alter the Puerto Rican government's stance in the suit.
August 16 -
The Oversight Board urged the federal government to provide more help to the island’s people and businesses.
August 14 -
Puerto Rico’s economic activity index slipped 0.7% in June from a year earlier, as the economic boost from federal hurricane recovery aid receded.
August 8 -
Puerto Rico's governor looks to patch up a scandal-ridden administration before his own resignation takes effect.
August 1 -
With a weakened government, the Oversight Board may be emboldened to take more unilateral actions on bond restructuring, analysts said.
July 22