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prima:“Fiscal health index”: report concludes that municipal finances are on the right track

The organization Abre Puerto Rico, which annually analyzes the situation of local governments, stated that greater prudence has been observed in response to fiscal challenges

October 23, 2024 - 3:55 PM

Since the arrival of the Fiscal Oversight Board in 2016, restrictions began to be imposed on the amounts of funds allocated to local governments. (The Associated Press)

Between fiscal years 2020 and 2022, the fiscal health of municipalities exhibited, in general terms, an improvement in multiple indicators, although 12% of municipalities continued to show a critical financial outlook, revealed the most recent analysis of the organization Abre Puerto Rico (ABREPR).

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