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Robert Hosp
Executive Director
Robert Mujica speaks at the Hospital Association of Puerto Rico 2024 Convention
Remark 45th
45th Public Board Meeting
Remarks and updates from
Executive Director
Robert Mujica
Cameron

“As a proud Puerto Rican, I am deeply honored that President Joseph Biden intents to appoint me to serve on the Financial Oversight and Management Board for Puerto Rico.

This role provides me with a meaningful opportunity to give back to an island that has shaped who I am, and to contribute to a brighter future for my children.

I am profoundly grateful to President Biden and Speaker Mike Johnson for entrusting me with this responsibility. I recognize the significant challenges ahead, but I have absolute faith in Puerto Rico, my fellow Puerto Ricans and our shared resilience to rise above them.”

- Cameron McKenzie
Blog
Act 10
The Oversight Board’s Position on Act 10

Find answers to Frequently Asked Questions about the Oversight Board’s position on Act 10 and renewable energy, read our most recent blogs on these topics, and listen to Robert F. Mujica, Jr.’s responses to questions about net metering and Act 10.

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Fiscal Responsibilities

For easier navigation on finding key FOMB documents, please access the Certified Budgets and Certified Fiscal Plans.

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Debt

When PROMESA was enacted, Puerto Rico faced an unsustainable burden of more than $70 billion in debt and more than $55 billion in unfunded pension liabilities with no legal path to restructure its liabilities and stabilize its finances. Read more
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News

Explore our content library, including Releases & Statements, Blogs, Videos, and Public Meetings, by visiting the following pages.

Review and Documents

Access a comprehensive repository of crucial documents, including reports, letters, and more.

The FOMB Contract Review Policy is established pursuant to Section 204(b)(2) of PROMESA to require prior FOMB approval of certain contracts.

The legislative review process of the FOMB is an important component of its mission to help Puerto Rico achieve and sustain fiscal responsibility.

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