Puerto Rico Sales Tax Financing Corp (COFINA)

Some say that Pierluisi might be more friendly to the Oversight Board than has been the case with governors up to now.

This despite being 3.1% ahead of the oversight board’s May 27 projection.

The two board members with the deepest knowledge of municipal debt have said they will depart.

Benefits may aid island's economy and reduce pressure on island's local and territory-wide governments to pay for welfare benefits.

Bondholders, financial cooperatives and a Puerto Rico legislator offered different lines of attack on an 18-month-old bond deal.

The United States Bureau of Labor Statistics' household and employer surveys tell different tales about the depth of Puerto Rico's downturn.

Puerto Rico faces an uphill battle for recovery — what should happen and what will happen in the coming years for the island is in one word: uncertain.

Some participants are afraid that tweaking what they don't like in the law could only make it worse.

Carrión says the biggest problem has been the local government's lack of commitment to structural reforms to benefit the economy.

The local government's inertia and PROMESA's unwieldy structure, along with natural disasters and a global pandemic, have impeded Puerto Rico's recovery.