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The board said the 2012 and 2014 GOs were "issued in clear violation of the Puerto Rico constitution and should be declared null and void."
January 15 -
As of mid-November Puerto Rico's government had an equivalent of 41% of its annual General Fund budget in its central Treasury account.
December 3 -
The board wants to avoid invoking its power to force spending cuts to pay for the expected annual payment to government workers.
November 15 -
The unsecured creditors gave conditional support to the biggest Puerto Rico debt restructuring.
November 6 -
Puerto Rico governor says that the board's objections are unfair or inaccurate.
November 5 -
Puerto Rico granted $521 million in tax credits over the last seven months.
November 2 -
The struggle between board and local government continues, as island leaders agree to a tax overhaul plan.
October 30 -
Three of four economic measures improved in September from August.
October 29 -
Analysts are more optimistic about repayment but still dubious about local government cooperation.
October 25 -
The Oversight Board and Gov. Rosselló remain at odds over pensions and labor reform.
October 19 -
The Oversight Board said it had "finalized" the COFINA Plan Support Agreement
September 21 -
Island residents would recover up to 50% of the value of their losses.
September 18 -
Theboard says Gov. Ricardo Rosselló's plan needs reduced spending and more conservative projections for revenues.
August 31 -
July's elevated revenues continue a several-month-long pattern of General Fund revenues coming in above budget.
August 30 -
Governor rejects ending Christmas Bonus or cutting pensions.
August 22 -
A hurdle has been passed for a judge to issue a ruling on the federal government's responsibility for making investors whole on impaired Puerto Rico bonds.
August 16 -
For one thing, analysts say general obligation bondholders may attempt to derail the plan in Title III bankruptcy court.
August 9 -
The Puerto Rico Oversight Board, the government of Gov. Ricardo Rosselló, COFINA senior bondholders’ representatives, COFINA subordinate bondholders’ representatives, and bond insurers agreed to the deal.
August 8 -
The governor vowed to disobey Swain’s order, which he said would end Christmas bonuses or lead to "massive layoffs."
August 7 -
The board declined to say what the net impact on the central commonwealth government’s finances would be.
August 2











