Financial Oversight and Management Board for Puerto Rico

GPTKB entity

Statements (59)
Predicate Object
gptkbp:instance_of gptkb:government_agency
gptkbp:aims_to restore fiscal stability
gptkbp:appointed_by gptkb:President_of_the_United_States
gptkbp:can_provide financial audits
gptkbp:composed_of seven members
gptkbp:created_by gptkb:PROMESA_Act
gptkbp:created_in gptkb:2016
gptkbp:established_in gptkb:United_States_Congress
gptkbp:faced criticism for its decisions
gptkbp:has_authority_over Puerto Rico's budget
approve or reject contracts
restructure debt
gptkbp:has_facilitated debt restructuring agreements
gptkbp:has_influence_on Puerto Rico's economic policies
gptkbp:has_performed_at public hearings
gptkbp:has_power approve budgets
review fiscal plans
gptkbp:headquartered_in gptkb:San_Juan,_Puerto_Rico
https://www.w3.org/2000/01/rdf-schema#label Financial Oversight and Management Board for Puerto Rico
gptkbp:influence fiscal control
gptkbp:is_challenged_by gptkb:court_cases
local activists
political leaders in Puerto Rico
gptkbp:is_criticized_for lack of transparency
its impact on local governance
lack of local representation
gptkbp:is_engaged_in community outreach efforts
negotiations with creditors
gptkbp:is_expected_to enhance accountability
facilitate economic growth
improve fiscal governance
gptkbp:is_involved_in economic recovery initiatives
public finance management
debt negotiations
financial oversight activities
gptkbp:is_monitored_by gptkb:U._S._Congress
gptkbp:is_part_of Puerto Rico's recovery efforts
Puerto Rico's financial restructuring process
gptkbp:is_regarded_as a necessary intervention
a controversial entity
a key player in fiscal reform
gptkbp:is_subject_to gptkb:United_States_federal_law
public scrutiny
federal oversight.
gptkbp:is_supported_by gptkb:U._S._Treasury_Department
some business groups
gptkbp:is_tasked_with ensuring fiscal discipline
monitoring financial performance
developing fiscal plans
gptkbp:knockouts follow PROMESA guidelines
gptkbp:meets to discuss fiscal matters
gptkbp:oversees Puerto Rico's financial affairs
gptkbp:publishes annual reports
gptkbp:requires Puerto Rico to submit fiscal plans
gptkbp:responsible_for ensuring compliance with fiscal plans
gptkbp:works_to address Puerto Rico's debt crisis
gptkbp:works_with gptkb:Puerto_Rico_government
gptkbp:bfsParent gptkb:Government_of_Puerto_Rico
gptkbp:bfsLayer 5