Politics

Governor delivers second consecutive balanced budget, pledges permit overhaul and LUMA contract termination.

While the fiscal entity is satisfied with the fiscal reforms, it’s unlikely that Puerto Rico can come back to the markets while there still no PREPA deal available During the fifty-first (51st) meeting of the Financial Oversight and Management Board (FOMB), the board’s executive director, Robert Mujica, emphasized the importance of implementing reforms to the […]

Lawmakers questioned why retroactive payments tied to Puerto Rico’s Teacher Career Program remain unresolved decades after the law was enacted.

Mujica says resolving PREPA’s bankruptcy must reflect Puerto Rico’s “fiscal and economic reality” amid ongoing litigation and mediation efforts.

The Fiscal Oversight Board says Puerto Rico agencies must demonstrate structurally balanced budgets to regain access to credit markets.

Governor Jenniffer González Colón announced the allocation of more than $43 million in state funding to support roadway rehabilitation projects in approximately 11 municipalities, part of a broader infrastructure effort aimed at improving safety, mobility and community access across Puerto Rico.

Puerto Rico’s Department of Economic Development and Commerce (DDEC) is seeking a $28.8 million budget increase for fiscal year 2026-27, with agency officials citing rising pension obligations, infrastructure investments and operational costs as key drivers behind the request. During a public hearing before the Senate Treasury, Budget and PROMESA Committee, DDEC Secretary Sebastián Negrón Reichard said […]

The Puerto Rico Senate’s Committee on Innovation, Reform and Appointments held a confirmation hearing Monday to evaluate Gov. Jenniffer González-Colón’s nominees for secretary of the Department of Housing and Patient Advocate. The committee, chaired by Senate President Thomas Rivera Schatz, considered the appointment of attorney Luis Augusto Martínez Román as Housing secretary and Dr. Catherine […]

The Senate President argued that the current permit system allows for bureaucrats to make arbitrary decisions when evaluating permit applications Despite public disagreements with the governor about her proposed permit reform, House Speaker, Carlos “Johnny” Méndez and Senate President Thomas Rivera Schatz both expect to accomplish permit reform by the end of the legislative session.  […]