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Although he called them "excessive and arbitrary," Gov. Pedro Pierluisi agreed to create a reserve fund, reduce the maximum conservation easement tax credit, and freeze implementation of a physician tax incentive.
August 30 -
Revenues were 14.4% higher than those in the previous fiscal year.
August 23 -
The Oversight Board told Gov. Pedro Pierluisi he must take steps to make sure it's revenue neutral or it could block the new tax.
August 22 -
While a smaller population could be economically negative, the revised count lowers the median age, which would be positive.
August 19 -
The indictment of Wanda Vázquez is the latest in a series of corruption charges against Puerto Rico politicians over the last 18 months.
August 5 -
Revenues for the first 11 months of the fiscal year outpaced the Oversight Board's 12-month expectations.
July 25 -
Several U.S.-based Puerto Rican diaspora groups call for full debate of the proposed status plebiscite and possible amendments to it.
July 22 -
The ruling means the Puerto Rico government will have $400 million less in its coffers.
July 21 -
The governor refused board's order to suspend implementation and enforcement of the new law that the board says will hurt the island's labor market and revenues.
July 21 -
PROMESA and the oversight board helped, but there is no economic plan going forward and recent government actions will create problems for the island's future, analysts said.
July 20