Puerto Rico Sales Tax Financing Corp (COFINA)

The board wants to increase tax compliance, spend more on healthcare capital projects, and advance the release of CAFRs, among other things.

The Supreme Court decision in the Aurelius case that the Oversight Board was a local entity affected the U.S. Court of Federal Claims' decision.

But the economy is still significantly smaller than it was a year ago.

A majority of the new Oversight Board members may be more creditor friendly.

Surveys show employment was up as much as 7% in September from April.

Collections were ahead of Oversight Board's May projections but behind figures for 2019.

Puerto Rico's FAFAA and bond insurer Ambac also call for rejection of a bondholder proposal for deadlines to approve a plan of adjustment.

Along with substantial reductions in payouts to the GO and PBA bondholders, the board is proposing a near wipe out for HTA, ERS, PRIFA rum, MBA, and CCDA bondholders.

August and September economic activity has probably been better than that of July, analysts said, however some expect economic activity will resume its decline in October and the following months.

The federal $600 monthly addition to unemployment insurance boosted income, but the local economy took a bigger hit than that of the U.S.