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Press Releases

2014

 

October 19, 2014

GDB and Treasury Provide Liquidity and Cash Flow Updates

October 15, 2014

Governor Alejandro García Padilla Further Strengthens Puerto Rico's Economic Team

October 14, 2014

GDB Statement on Rating Affirmation

October 10, 2014

Puerto Rico Department of Treasury Issues Statement Regarding Doral Lawsuit

October 10, 2014

GDB Announces Sale of $900 Million Guaranteed Notes to Banking Syndicate

October 9, 2014

Treasury: First Quarter FY2014-15 Revenues Total Over $1.7 Billion, an Increase of $75 Million, or 4.4%

October 1, 2014

Puerto Rico Treasury Department Obtains Highest Monthly Preliminary SUT Revenues for September

September 26, 2014

GDB Releases August 2014 Economic Activity Index

September 11, 2014

Treasury: July and August Revenues Total $1,065 Million, a 10% Increase in FY 2015

August 14, 2014

PREPA: PREPA Reaches Agreements with Creditors

August 7, 2014

Treasury: Strong Start to FY 2015: July 2014 Revenues Exceed July 2013 Revenues by $129 Million and Estimates by $37 Million

August 7, 2014

Treasury: General Fund Revenues - Monthly Revenue Estimates distribution

August 1, 2014

GDB Releases June 2014 Economic Activity Index

July 31, 2014

Treasury Secretary and GDB Chairman Comment on Standard & Poor's Ratings Services Report

July 24, 2014

Puerto Rico Government Opposes Doral Financial Corp's Request for Declaratory Judgment and is Committed to Vigorously Defend Interests of the People of Puerto Rico

July 22, 2014

Puerto Rico and PREPA Vigorously Defend the Constitutionality of the Recovery Act

July 17, 2014

Commonwealth of Puerto Rico Provides Update on Fiscal and Economic Progress

July 11, 2014

GDB Chairman and Treasury Secretary Provide Joint Comment on Recent Statements from Ratings Agencies

July 11, 2014

Public Financial Management, Inc. Retained as Independent Registered Municipal Advisor

July 11, 2014

Treasury Department: Closing of FY 2013-14: Preliminary Fiscal Year Revenue Exceeds Final Audited Prior Year Revenue by $475 Million

July 10, 2014

GDB and Treasury Reiterate Puerto Rico's Unwavering Commitment to Strengthen the Commonwealth's Credit

July 9, 2014

GDB Chairman and Treasury Secretary Provide Joint Comment on Recent Statements from Ratings Agencies & Reaffirm the Strength of the COFINA Credit

July 7, 2014

PREPA Announces Agreement with Lenders

July 1, 2014

GDB Chairman and Treasury Secretary Provide Joint Comment on Approval of Puerto Rico's First Balanced Budget in 22 Years

July 1, 2014

Treasury Department Submits Commonwealth of Puerto Rico Audited Financial Statements for FY 2012-2013

June 25, 2014

Governor Alejandro García Padilla Presents Bill for Debt Enforcement and Recovery of Public Corporations

June 10, 2014

Preliminary May 2014 Collections Up $141 Million Compared to Prior Year Period; Exceed Estimate by $29 Million

June 6, 2014

Commonwealth Government Files Petition to Dismiss Doral's Complaint Before the Commonwealth Court

May 15, 2014

Puerto Rico Treasury Department Confirms Doral Financial Corporation's Requested Tax Refund Not Proper in Law

May 9, 2014

April Revenues Increase $196, or 20%, Year-Over-Year; Year-To-Date Revenues Exceed Prior Year Period By $465 Million

April 30, 2014

Joint Statement from GDB Chairman and Treasury Secretary on Fiscal 2015 Budget

April 23, 2014

PRIDCO: Honeywell Aerospace to Expand its Presence in Puerto Rico with a new High-Tech Laboratory

April 22, 2014

Puerto Rico Governor Calls a Joint Session to Deliver the State of the Commonwealth and Budget Address

April 11, 2014

GDB Chairman and Treasury Secretary Comment on Supreme Court's Decision on Teachers Pension Reform

April 8, 2014

Preliminary Fiscal Year YTD Revenues Surpass Last Year Period by $269 Million or 4.6%

March 26, 2014

GDB Interim President Announces New Addition to PRSI

March 14, 2014

Response to Recent Market Speculation

March 11, 2014

Government Development Bank for Puerto Rico Places $3.5 Billion General Obligation Bonds

March 5, 2014

Government Development Bank for Puerto Rico Announces Disclosure of Special Liquidity Update

March 4, 2014

Treasury: Preliminary Collections for February Exceed Estimate by $57 Million; Cumulative Fiscal Year Collections Increased by $491 Million over the Same Period Last Year

March 4, 2014

Joint Statement from Treasury Secretary and GDB Chairman on Passage of Bill Approving GO Bond Financing

February 28, 2014

Joint Statement from Treasury Secretary and GDB Chairman on Provisional Rating Assigned by Moody's

February 19, 2014

GDB Provides Update on Financing Plans During Investor Webcast

February 11, 2014

Joint Statement from Treasury Secretary and GDB Chairman Regarding Fitch Ratings Action

February 11, 2014

Puerto Rico Announces Underwriters for Upcoming General Obligation Bond Financing; Reschedules Webcast for February 18

February 10, 2014

Treasury Reports Preliminary Collections for January Total $664 Million; January SUT Revenues Reach Record Amount of $129.9 Million

February 7, 2014

Treasury Secretary and GDB Chairman Provide Joint Comment on Moody's Investors Service's Action

February 6, 2014

GDB, Treasury, and OMB to Host Investor Webcast on February 12, 2014

February 4, 2014

Treasury Secretary and GDB Chairman Comment on S&P's Ratings Services Actions

February 3, 2014

PR Treasury Secretary Announces Final December Revenues

February 3, 2014

PR Governor García Padilla to Balance Budget for FY 2014-2015

January 26, 2014

Puerto Rico's Fiscal Team Meeting with Rating Agencies

January 24, 2014

Statement by GDB: Comment on S&P Ratings Report

January 15, 2014

Statement from the GDB and Treasury Department on Speculation on the Commonwealth´s Credit

January 9, 2014

PR Treasury Secretary Announces Record December Preliminary Revenue

January 8, 2014

OMB: FY 2014 YTD Expenses Within Budget Driven by Payroll Reduction of 6% from Prior Year and Department of Education Measures

 

2013

December 26, 2013

GDB Announces Placement of $110 Million in Senior Guaranteed Notes

December 26, 2013

PR Governor García Padilla Signs into Law Critical Pension Reform Measures

December 20, 2013

Statement by the GDB; Comment on Moody's Rating Action

December 12, 2013

PR Treasury Reports YTD Revenues for FY2014 Up $335 Million YOY and $79 Million Above Budget Estimates

December 11, 2013

Statement by the PR Treasury Department and GDB

November 14, 2013

Statement by the GDB: Comment on Fitch Rating Affirmation

November 14, 2013

Commonwealth Governor Announces Important Investment and Expansion of Fortune 500 Pharmaceutical Company in Puerto Rico

November 13, 2013

Treasury Announces Measures to Strengthen Efforts Against Tax Evasion

November 6, 2013

GDB Recognized for Excellence in Financial Reporting

November 4, 2013

Treasury Reports Significant Increase of $262 Million in Preliminary Revenues for the month of October 2013

October 31, 2013

GDB Comments on Conference Call About COFINA Legal Opinions

October 28, 2013

GDB to Host Conference Call on October 31 to Discuss COFINA Legal Opinions

October 25, 2013

GDB Reschedules Publication of Economic Activity Index Report Due to Federal Government Shutdown

October 23, 2013

GDB Announces Disclosure of Additional Materials on Website

October 15, 2013

GDB Provides Update on Fiscal and Economic Development Progress

October 14, 2013

Treasury Announces Final First Quarter Revenues

October 10, 2013

Puerto Rico's Fiscal Position is Strengthened by the Passage of Bill Amending Dedicated Sales Tax Fund Act

October 10, 2013

GDB to Host Investor Webcast on October 15

October 7, 2013

Treasury Announces Preliminary September Revenues Reflecting a $109 Million, or 18% Increase

October 3, 2013

Joint Statement from Treasury Secretary and GDB Interim President

September 30, 2013

Treasury Secretary and GDB Interim President Comment on S&P Reaffirmation of COFINA Ratings and on Fiscal and Economic Plans

September 25, 2013

Treasury Secretary and GDB Interim President Announce Amendments to COFINA Act that Will Facilitate More Cost-Effective Financing for the Commonwealth

September 19, 2013

Treasury Department: July and August Revenues Exceed Estimates (Correction)

September 16, 2013

Treasury Department Submits Commonwealth of Puerto Rico Comprehensive Annual Financial Report for FY 2011-2012

September 13, 2013

The Chairman and the Interim President of the GDB Categorically Deny Laying Off Public Employees is an Option

September 10, 2013

Joint Statement from Treasury Secretary Melba Acosta and Chairman of the Board of Directors of the GDB David Chafey

September 10, 2013

GDB Comments on Recent Market Activity and Revised Financing Plan

September 6, 2013

Commonwealth and GDB Express Commitment to Transparency and Timely and Accurate Disclosure to Investors

September 4, 2013

Secretary of Economic Development Expresses Satisfaction with Puerto Rico's Ranking in the WEF's Global Competitiveness Report

August 29, 2013

The GDB Announces Successful Placement of $400 Million for the PRHTA

August 29, 2013

Treasury Department Begins Fiscal Year on a Positive Note

August 26, 2013

GDB Acting President Expresses Confidence about the Fiscal Stabilization and Economic Development Strategies of the Commonwealth

August 19, 2013

Treasury Department Substantially Reduces Fiscal Deficit for Fiscal Year 2012-2013

August 7, 2013

PREPA Successfully Returns to Municipal Bond Market

July 17, 2013

Governor thanks Javier Ferrer for his work

July 12, 2013

PR Housing Department and PRHFA Launch House Purchase Subsidy Program (in Spanish)

July 10, 2013

Fiscal Team Visits Rating Agencies Again

June 26, 2013

Statement Priority Projects Approved Through Public-Private Partnerhships

June 26, 2013

Statement by GDB-Puerto Rico Highways and Transportation Authority-Act 30 and Act 31 of 2013

June 24, 2013

Governor's Statement in Response to the Supreme Court Decision Regarding the Constitutionality of Act 3 of 2013

June 20, 2013

Government Presents Measures to Address PRHTA's Fiscal Situation

June 18, 2013

Treasury Department Collects $612 Million in May; a 2.6% Year-Over-Year Increase

June 18, 2013

GDB Clarifies Tax Refund Checks Situation

June 17, 2013

New Executive Vice President for Financing Appointed at GDB

June 3, 2013

GDB's 11th José M. Berrocal Institute for Economics and Finance Internship Program Begins

May 29, 2013

Statement by the GDB about PRHTA $139,875,000 GARVEE bonds (series 2004)

May 23, 2013

Projected Revenue Shortfall for June 30, 2013 Now $295 Million From Original Estimate of $965 Million, a 69% Reduction

May 9, 2013

Statement from GDB President

May 8, 2013

GDB President and Treasury Secretary Visit Rating Agencies Again to Communicate Fiscal Stabilization Efforts

April 18, 2013

Treasury: March Revenues Reduce fiscal Deficit

April 5, 2013

Puerto Rico Enacts Sweeping Pension Reform

March 27, 2013

S&P Places POBs on Creditwatch; Downgrades PRASA's Rating

March 20, 2013

Fiscal Team Continues Efforts Aimed at Communicating the Commonwealth's Plans to Stabilize Fiscal Situation

March 20, 2013

As anticipated, Fitch Brings PR's Credit Rating to the Same Level as Moody's and S&P's Rating

March 14, 2013

S&P Views Proposed Pension Reform as "Major" and Acknowledges Corrective Actions By Current Administration But Lowers Puerto Rico's Rating

March 12, 2013

GDB and Treasury Heads Stress Urgency of Pension Reform

February 27, 2013

Permanent Solutions to Financial Crisis of Pension Systems


2012

December 21, 2012

GDB Board and Governor's Council of Secretaries Approve Appointments of Javier D. Ferrer and David Chafey, Jr.

December 17, 2012

Governor-elect García Padilla Comments on Moody's Downgrade and New Economic and Fiscal Team

December 13, 2012

Moody's Lowers Puerto Rico's Credit Rating

November 28, 2012

GDB Consolidates its Financial Strength and Supports Puerto Rico's Economic Development

October 2, 2012

S&P Affirms UPR Bonds Classification and Positive Outlook

September 27, 2012

Economic Activity Index Stays Positive

Presentation: Economic Activity Index for the month of July 2012

September 27, 2012

GDB President to Discuss PR's Successful P3 Activities at Bloomberg State & Municipal Finance Conference

September 7, 2012

Several Government Bond Ratings Affirmed

August 10, 2012

Economic Activity Index on a Positive Path for More than Six Months

Presentation: Economic Activity Index for the month of June 2012

July 3, 2012

Economic Activity Index Marks Fifth Consecutive Month in Positive Territory

Presentation: Economic Activity Index for the month of April 2012

June 13, 2012

Successful Issue by PFC Exceeds Government Expectations

June 8, 2012

Successful Bond Issue by Public Buildings Authority

May 16, 2012

Economic Activity Index Marks First Positive Quarter Since 2006

May 10, 2012

Puerto Rico's Economy on the Right Track

May 7, 2012

Office of Management and Budget: Press Release and Quarterly Budget Review - Fiscal Year 2012, Jan-Mar (Read the QBR)

April 19, 2012

Puerto Rico's Economy Grows at a Greater Rate than Expected

April 12, 2012

Successful Bond Issue by PREPA

April 10, 2012

Economic Activity Index Continues on Positive Terrain in 2012

March 21, 2012

Office of Management and Budget: Quarterly Budget Review - Fiscal Year 2012, Oct-Dec

February 10, 2012

PR's Economic Activity Shows First Positive Growth since March 2006

Presentation: Economic Activity Index for the month of December 2011

February 9, 2012

Office of the Governor: Puerto Rico Governor Announces Loan Guarantees Program

January 12, 2012

Economic Activity Index Rises for Third Consecutive Month

Presentation: Economic Activity Index for the month of November 2011


2011


December 5, 2011

Economic Activity Index Continues on Upward Trend

Presentation: Economic Activity Index for the month of October 2011

November 3, 2011

Economic Activity Index Rises in September

Presentation: Economic Activity Index for the month of September 2011

October 18, 2011

Office of Management and Budget: Quarterly Budget Review - Fiscal Year 2012, Jul-Sep

August 10, 2011

Investors Fully Trust Puerto Rico Bonds

August 8, 2011

Pension System's Financial Situation Affects Puerto Rico's Credit Rating

July 6, 2011

Office of Management and Budget: Puerto Rico Stands Behind its Commitment to Transparency

May 11, 2011

Economy Continues on Upward Path

Presentation: Economic Activity Index for the month of March 2011

April 12, 2011

Office of the Governor: Puerto Rico Governor Fortuño Outlines Deficit-Reducing 2012 Budget

April 3, 2011

The Economy Is Improving

Presentation: Economic Activity Index for the month of February 2011

March 7, 2011

Office of the Governor: Puerto Rico Gets Good Marks from S&P for Fiscal and Economic Progress

February 16, 2011

Office of the Governor: Governor Appoints Juan Carlos Batlle President of GDB

February 11, 2011

$356 Million Successfully Sold in GO Bonds

February 8, 2011

Office of the Governor: Puerto Rico Is Overcoming

February 3, 2011

S&P Reaffirms GDB's Investment Grade Ratings and Stable Outlook

See Full S&P Report

January 31, 2011

Office of the Governor: Puerto Rico Tax Reform Enacted

January 20, 2011

Office of the Governor: New Positive Rating for Puerto Rico's Credit

See Full Fitch Report


2010

November 29, 2010

Office of the Governor: PR's Credit Outlook Improved and Economic Activity Shows Improvement

See S&P Release and Full Report

September 21, 2010

Launching of Desarrollo para el Pueblo, a Program Promoting Entrepreneurship and Employment Generation

September 3, 2010

Economic Activity Index Fell in July After Five Consecutive Months of Improvement

See Presentation

August 10, 2010

Moody's Reaffirms A3 Rating for Puerto Rico's Credit

June 23, 2010

GDB Announces Fourth Consecutive Month of Economic Activity Index Growth

See Presentation

June 8, 2010

Government Development Bank Announces Upcoming Bond Issues

May 24, 2010

GDB-EAI Increases for the third consecutive month

See Presentation

May 4, 2010

Treasury Department: Treasury Department Changes Reporting Methodology for Sales and Use Tax 

April 25, 2010

Economic Activity Index for the month of March 2010

See Presentation

April 22, 2010

Electric Power Authority´s successful bond sale exceeds $1.3 billion

April 21, 2010

Puerto Rico Bonds Safe from Junk Status Danger

April 20, 2010

Office of the Governor:Puerto Rico Gets "A3" Rating, the Highest Assigned by Moody's to the Local Government Since 1975 Only in Spanish

March 28, 2010

Electric Power Authority Successfully Places $822 million Bond Sale

February 25, 2010

Office of the Governor: Fortuño to name Special Com-mission to Reform the Government's Retirement System

February 5, 2010

Supreme Court Upheld Act 7

February 3, 2010

Treasury Department: Treasury Department Reports Revenues for December

See Presentation

January 30, 2010

GDB Economic Activity Index for the Semester Ended on December 2009 Reflects Further Initial Signs of Stabilization

See Presentation

January 28, 2010

GDB Successfully Sells COFINA Bonds


2009

December 30, 2009

GDB Economic Activity Index for November 2009 continues to show signs of stabilization for the Puerto Rico Economy.

See Presentation

December 27, 2009
Record $1,623 Million in GDB Notes, More than Double Expectations, Garners Solid Support from Puerto Rico Investors

December 1, 2009
Treasury Department: Treasury Department Announces October's General Fund Net Revenues Four Month Total Exceeds Projections By $33 Million

November 27, 2009
GDB releases Economic Activity Index for October 2009.

November 23, 2009
GDB Announces Upcoming Bond Issues

November 11, 2009
Council of Economists to Advise the Governor. Members HERE

November 3, 2009
FRSB: FRSB Announces Re-Notification Process of Union Workers
November 2, 2009
GDB Economic Activity Index for September 2009: EAI Shows Initial Signs of Stabilization of P.R. Economy

October 30, 2009

Treasury Department: Treasury Revenues Exceed Estimates by $23 million

October 28, 2009

GDB and P.R. Tourism Company Grant $62 Million Loan to Complete El Condado Duo and Generate 1,182 Permanent Direct Jobs

September 25, 2009

Fiscal Reconstruction and Stabilization Board (FRSB) Announces Final Round of Layoffs

September 3, 2009

PPPA: P.R. Public-Private Partnerships Authority's Proposed PPP Regulations Available for Public Comment

September 1, 2009

Office of the Governor: Governor Announces Board Members of Public-Private Partnerships Authority

August 21, 2009

PR Planning Board: Planning Board Revises Economic Figures: GNP Declined in FY2009 and Forecast Improvement in FY2010

August 17, 2009

Office of the Governor: Governor Presents his Administrations' Legislative Agenda

August 10, 2009

PPPA: P.R. Public-Private Partnerships Authority Launches its Website

August 7, 2009

Office of the Governor: Sale of Economic Cooperation with Puerto Rico Savings Bonds Begins Throughout the Island
List of Participating Institutions (only in Spanish)

August 6, 2009

FRSB: U.S. District Court Upholds Validity of Act 7

August 6, 2009

Treasury Department: Treasury Department Exceeds Revenues Estimate

July 1, 2009

Governor signs budget for fiscal year 2009-2010

June 11, 2009
Successful U.S. Sale of COFINA Bonds: An Achievement in the Fiscal Reconstruction Plan

June 8, 2009
Office of the Governor: Governor Signs Public-Private Partnerships Act

May 29, 2009
FRSB: First Round of Layoffs Begins


May 18, 2009
Office of the Governor: P.R. Bonds Get Better Grades: Moody's and Standard & Poor's Upgrade COFINA Bonds

April 29, 2009
Deficit Certification Letter, Signed by P.R. Treasury Secretary, GDB President and P.R. OMB Director Only in Spanish
 
               

March 25, 2009
Communication between GDB and Federal Administration Ongoing
March 11, 2009
GDB and FirstBank Grant Loans to the Government of Puerto Rico
March 9, 2009
Office of the Governor: P.R. Governor Rico signs into law Economic and Fiscal Reconstruction Plan

March 6, 2009
Legislature Approves Bills for P.R.'s Fiscal and Economic Reconstruction

February 27, 2009
S&P’s Decision to Downgrade Bonds of P.R. Highways and
Transportation Authority worries GDB

February 26, 2009
GDB Acknowledges S&P’s Decision to Downgrade PR Ports Authority Bonds

Febuary 19, 2009
GDB Opens Credit Conference Aimed at P.R.'s Fiscal Reconstruction

Febuary 9, 2009
PR Planning Board: The Board Revises Economic Figures for FY 2008 and Updates Forecasts for FYs 2009 and 2010

January 20, 2009
Government Development Bank for Puerto Rico Announces its New Management Team

January 8, 2009
Office of the Governor: Governor Receives Fiscal and Economic Reconstruction Advisory Board’s Recommendations

See the Executive Summary of the Report to the Governor on Fiscal Reconstruction by the Economic and Fiscal Reconstruction Advisory Council


2008

December 22, 2008

GDB Exceeds Expectations as Liquidity is Strengthened with Bond Issue that Reaches $1.2 Billion
December 4, 2008

PRHFA Wins The Bond Buyer’s “Deal of the Year Award”
December 2, 2008

GDB Reports Public Housing Administration Issue Receives The Bond Buyer Award
November 6, 2008

Commonwealth of Puerto Rico successfully issues $887 million in trans notes
September 4, 2008

Commonwealth Places $250 Million in GO Bonds to Finance Public Works: Credit Rating Reaffirmed
August 7, 2008

HUD: HUD Approves Historic Financial Deal: More than 4,100 Public Housing Units to Be Built in Puerto Rico
June 17, 2008

Puerto Rico Electric Power Authority raises $700 million in investment grade bonds for capital improvement program
June 2, 2008

GDB begins Sixth Summer Internship for University Students
March 18, 2008

S&P recognizes improved expenditure controls in maintaining investment grade rating for Commonwealth debt
view S&P Report
February 22, 2008

GDB temporarily postpones Pension Bond Issue due to turbulent international market conditions
February 1, 2008

Minia González-Álvarez appointed Acting Administrator of Retirement System for Executive and Judicial Brand Employees
January 24, 2008

Puerto Rico Sells $1.4 Billion in Local Market in Retirement System's First Bond Issue, Double Original Expectations

January 3, 2008

GDB appoints: Luis I. Alfaro as EVP and Director of Financing, Camille Toro SVP and Director Infrastructure Development Projects Financing and Julio Caraballo VP and Acting Treasurer


2007

December 13, 2007

Standard & Poor's raises credit rating for the Government Development Bank for Puerto Rico
December 5, 2007

PBA places $900 in bonds after improvement of the Commonwealth's rating outlook
November 12, 2007

Chief of Staff presents progress on the implementation of the Economic Development and Government Transformation Plan
October 30, 2007

Commonwealth to evaluate infrastructure investment opportunities in Puerto Rico Infrastructure Forum
October 17, 2007

Puerto Rico places $1 billion in Revenue Anticipation Notes with the highest rating
October 3, 2007

The Commonwealth successfully refinances $1 billion in General Obligation Bonds
September 20, 2007

The Commonwealth of Puerto Rico places $500 million in General Obligation Bonds
August 29, 2007

Jorge Irizarry named acting president of the Government Development Bank for Puerto Rico
August 6, 2007

Treasury Department meets its revenue goal; sales and use tax collections exceed expectations
July 18, 2007

COFINA's Bond Sale in the Puerto Rico Local Market Reaches $1.3 Billion, Exceeding Expectations
July 11, 2007

Historical Puerto Rico $2.6 Billion Bond Issue Placed Successfully by COFINA in U.S. Municipal Bond Market
July 6, 2007

Governor signs law establishing mechanism to pay off extraconstitutional debt
July 2, 2007

Secretary of the Treasury informs revenues to the General Fund for May 2007
June 30, 2007

Governor signs $9,227 million General Budget into law
June 27, 2007

Commonwealth to Sell Historic Bond Issue to Repay Appropriation Debt; transaction receives the highest bond rating for Puerto Rico in three decades
June 25, 2007

GDB President pleased by approval of bond issue; expresses concern about proposed tax relief measure
May 8, 2007

Secretary of the Treasury declares that analysis by the Center for the New Economy is inaccurate
April 30, 2007

Secretary of the Treasury informs Preliminary Revenues to the General Fund for March
April 18, 2007

Puerto Rico Electric Power Authority places $1.945 billion in bond sale, generating $645 million for improvements
April 10, 2007

More and better jobs on the Island: Abbott of Puerto Rico announces million dollar expansion
April 2, 2007

Electric Power Authority receives reaffirmation of credit from Moody's and obtains an A- rating from Fitch for the first time
March 30, 2007

Secretary of the Treasury informs Preliminary Revenues to the General Fund for February
March 30, 2007

Sale of PR Telephone to benefit Retirement System
February 21, 2007

Puerto Rico to Sponsor Credit Forum Expected to Attract Mainland Investors and Financial Executives
February 14, 2007

Puerto Rico Highways and Transportation Authority Saves $100 Million with New Debt Refunding Bond Issue

2006

December 19, 2006

PRIDCO reports industrial promotion at steady course. Data on Industrial Promotions as of Nov 2006.

Data on Industrial Promotions as of Nov 2006
November 30, 2006

UPR sells a bond issue of over $540 million with great acceptance by investors
October 25, 2006

Governor announces historical bond issue for the Tourism Company
October 22, 2006

Chief of Staff announces Economic Development and Government Transformation Plan
October 19, 2006

Governor inaugurates new Lilly del Caribe Biotechnology Plant
October 18, 2006

$875 million in Tax and Revenues Anticipation Notes Sold
October 5, 2006

Puerto Rico: Home to only Microsoft replication plant in the world dedicated to DVD manufacture
October 3, 2006

Governor announces $58 million expansion of Pall Life Sciences in Fajardo to create 250 new jobs.
September 29, 2006

GDB $2 million line of credit to enable Port of Mayagüez to make improvements and increase trade activity
September 28, 2006

PBA to complete 93 projects with $208 million line of credit from GDB
September 15, 2006

PRIFA issues $424 million in bonds to finance infrastructure development for Central American Games
September 11, 2006

PRASA refinances $250 million as another step toward self-sufficiency
September 7, 2006

PBA Board of Directors addresses and clarifies claims made by Labor Union President
August 28, 2006

Governor announces the construction of new Sheraton Hotel at the Convention Center District
August 18, 2006
Governor appoints new director for the Office of Management and Budget
August 17, 2006

Commonweath places $190 million in GO Bonds on Local Market; Strong Demand by Individual Investors
August 10, 2006

Fourth Summer Internship of the José M. Berrocal Economics and Finance Institute Ends
August 2, 2006

Puerto Rico recovers bond buyer's confidence with $838 million general obligation bond issue
July 21, 2006

Moody's removes Puerto Rico's credit from Watchlist
July 20, 2006

Standard & Poor's removes Puerto Rico's Credit from CreditWatch
July 17, 2006

To reinvest PRT Share Dividends for the benefit of the Retirement Fund
June 30, 2006

Planning Board revises economic estimates for FY2006 and FY2007
June 15, 2006

Historical Meeting of the Government and the Pharmaceutical Industry
May 17, 2006

GDB Board of Directors approved a loan to take care of the deficit and authorized GO issue
May 17, 2006

GDB issues $810 million in Notes to increase its liquidity
May 8, 2006

Moody's downgrades Puerto Rico's credit and keeps it on its Watchlist
May 5, 2006

Moody's to evaluate Puerto Rico's Credit
March 22, 2006

Standard & Poor's places Commonwealth Rating on CreditWatch
March 15, 2006

Great acceptance of Convention Center District Authoiry Bond Issue
March 9, 2006

Convention Center District Authority to issue $450 million in bonds thanks to the sustained growth of the tourism industry
February 27, 2006

Moody's places Puerto Rico's Credit Rating in Watchlist for a possible downgrade

2005

December 8, 2005

Investors Wholeheartedly Welcome the Municipal Finance Agency's $730 Million Deal
November 14, 2005

Standard & Poor's revises the Municipal Finance agency's credit rating
September 9, 2005

Highway Authority prepares to issue over $2 billion in bonds
August 19, 2005

GDB Board of Directors designates Alfredo Salazar as Acting President
July 21, 2005

GDB Begins meetings to prepare five-year fiscal plan
June 10, 2005

GDB President urges the approval of act to manage the Retirement System deficit
June 1, 2005

$1.3 Billion PRIFA Bond Issue confirms Investor’s Preference for Puerto Rico Bonds
May 26, 2005

GDB President announces the third Summer Internship of the José M. Berrocal Institute for Economics and Finance
May 24, 2005

Standard & Poor's coincides with Moody's in reasons to downgrade credit: GDB President presents plan to face the situation
May 19, 2005

Change in credit rating by Moody's reflect prevailing fiscal situation
May 16, 2005

Commonwealth Economic Team presents fiscal situation to rating agencies and meet with legislative leaders
April 21, 2005

Credit Rating Agencies Monitor Budget Approval Process in the Legislature
April 15, 2005

New Financing Vice President at GDB
April 7, 2005

GDB President recommends innovative measures for the strategic management of public debt
March 23, 2005

PREPA Places over $1 billion in the tax exempt market generating over $500 million for capital improvements
March 15, 2005

Secretary of State swears in new GDB Board of Directors
March 1, 2005

Commonwealth Economic Team presents Fiscal Situation to Rating Agencies

2004

November 10, 2004

GDB President report achievement of last four years
September 23, 2004

$800 million issue in TRANS
September 22, 2004

Commonwealth issues $442.7 million in General Obligation Bonds
September 21, 2004

GDB creates special program to grant loans to municipalities affected by Tropical Storm Jeanne
August 11, 2004

PREPA saves $21 million through $225 million refinancing
June 9, 2004

Record savings attained from the placement of $1.3 billion of the Puerto Rico Public Finance Corporation
May 11, 2004

$1.168 billion bond issue sold by PBA.
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