Puerto Rico Sales Tax Financing Corp (COFINA)

The bill, which would overturn a 2017 law, is awaiting Gov. Pedro Pierluisi's signature to become law.

Analysts uncertain about the timing and cost savings as FAFAA names syndicate for possible refunding.

A survey shows local business owners are more pessimistic than they were six months ago.

The board continues to struggle with the local government on fiscal matters six years after PROMESA's passage.

With the ink still drying on the central government restructuring, analysts give takeaways from Puerto Rico's bankruptcy. Some point to credit fundamentals, others to lack of willingness to pay, as key drivers of the bankruptcies.

The board says the governor will have to make many changes to its budget.

The majority on the court said upholding the benefits could have opened the door to a broad range of other federal benefits to Puerto Rico residents.

Revenues were also up compared to the Oversight Board's projection made on Jan. 27.

The Economic Development Bank estimated the first half of fiscal 2022 had experienced a 5.5% increase in growth, upward from a 3.6% increase in previous estimates.

The governor highlighted the positive role of federal aid on the island.