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prima:Pedro Pierluisi fears the Fiscal Board may seek to extend its tenure beyond PROMESA Act

For the governor, in the best-case scenario, the entity should leave Puerto Rico by the summer of 2026

February 24, 2024 - 10:38 AM

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This content was published more than 9 months ago.
Pierluisi expects that, by the summer of 2026, the island’s Executive Branch will have been able to present the fourth balanced budget required by the PROMESA law. (Nahira Montcourt)

Washington D. C. - Pedro Pierluisi thinks that, in the best scenario, the Fiscal Oversight Board should end its work in Puerto Rico by the summer of 2026 - when it would have completed a decade overseeing the finances of the island’s elected government - but he perceives that the fiscal entity has other plans.

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