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Puerto Rico’s Budget Transformation Moves Forward
For decades, Puerto Rico’s budget process has been dominated by crisis management: the focus was on reducing the massive debt, bringing government finances in balance,

A Single Financial System for the Government of Puerto Rico: Modernizing How Puerto Rico Manages Financial Information
Every organization, from a small business to a national government, needs a dependable way to keep track of its money: what it has, what it

Paying for Skill: A Modern, Market-Based Compensation System for Puerto Rico’s Government
Civil Service Reform Series · Compensation Pillar · June 2026 Most people accept a few basic ideas about pay: employees doing the same job should

Driving Transparency and Value in Puerto Rico’s Procurement Processes
Governments, like any organization, buy supplies and need outside help to get things done. Just like any household, the Government needs to buy paper to

How to Properly Fund Special Education Services
Special education programs like therapies, evaluations, transportation, and reimbursements to families are important government obligations. Many families depend on those services, and many such services

The Building Blocks of Budget Transformation: Insights from the Symposium on Puerto Rico’s Fiscal Future
Puerto Rico has come a long way from the fiscal crisis that led to the enactment of PROMESA. Since the Financial Oversight and Management Board

Securing Future Financial Health: Puerto Rico’s Reserves
Everyone needs savings. For a government, that’s called a reserve. Every government needs financial buffers that provide stability during periods of uncertainty. Reserves help governments

Getting Forecasting Right: Strengthening Puerto Rico’s Revenue Projections
How much money should the government really spend? It depends how much it takes in. Just like businesses who must project how many products they

Reforming How the Government Plans: A Fresh Start to Responsible Budgeting
Effective budgeting is more than an accounting exercise; it’s how the government and its agencies plan the spending and the revenue needed to maintain essential

Slowing, Not Sinking: What Puerto Rico’s Economic Forecast Really Tells Us
On February 10, 2026, the Financial Oversight and Management Board for Puerto Rico (Oversight Board) held its second annual Economic Forecast Symposium, which brought together