Oversight Board answers bondholders on PREPA — a NAPREC perspective
The Financial Oversight and Management Board said it revoked its approval of a $5.9 billion, 10-year temporary generation contract after the contract changed, and that it referred alleged fraud and forgery to federal law enforcement. Original NAPREC analysis in English and Spanish.
LUMA defends its contract extension before Puerto Rico’s Supreme Court — a NAPREC perspective
LUMA Energy filed a 65-page brief with the Supreme Court of Puerto Rico opposing the government’s effort to void the extension of its contract to operate the transmission and distribution grid, and warned that termination could cost more than $1.3 billion. Original NAPREC analysis in English and Spanish.
Medicaid advisory board asks for the states’ formula — a NAPREC perspective
The final report of Puerto Rico’s Multisectoral Advisory Board on Medicaid recommends applying the states’ matching formula, which it estimates at about 83 percent, and removing or raising the Section 1108 funding cap. The committee seeks $4.815 billion for fiscal year 2028. Original NAPREC analysis in English and Spanish.
CRECE says stagnation has turned into contraction — a NAPREC perspective
An analysis by the Center for Economic Renewal, Growth and Excellence (CRECE) found that Puerto Rico’s Economic Activity Index fell for a third consecutive quarter in the second quarter of 2026 and concluded that the island is in a recession. Original NAPREC analysis in English and Spanish.
17 credit unions receive $9.8 million from the federal CDFI Fund — a NAPREC perspective
Inclusiv announced that 17 Puerto Rico credit unions received about $9.8 million from the U.S. Treasury’s Community Development Financial Institutions Fund, after the release of funds Congress approved in 2025. Original NAPREC analysis in English and Spanish.
Resident Commissioner takes the Medicaid cliff to hospitals — a NAPREC perspective
At the Hospital Association convention in San Juan, Resident Commissioner Pablo José Hernández said Puerto Rico’s federal Medicaid match is scheduled to fall from 76 to 55 percent on October 1, 2027, and proposed removing the Section 1108 cap on its federal funding. Original NAPREC analysis in English and Spanish.
Bill proposes a 90-day CRIM property tax amnesty — a NAPREC perspective
Senate Bill 1497 would give property owners with overdue CRIM taxes 90 days to pay the principal in full and have accumulated interest, surcharges and penalties waived. Original NAPREC analysis in English and Spanish.
A record electric rate takes effect in Puerto Rico — a NAPREC perspective
Puerto Rico’s Energy Bureau approved a 5.28-cent increase that set the residential rate at 33.86 cents per kilowatt-hour from October 1 through at least December 31. The mainland residential average is 18.3 cents. Original NAPREC analysis in English and Spanish.
Bill seeks tighter safeguards for powers of attorney — a NAPREC perspective
Senate Bill 1486 would strengthen safeguards on powers of attorney over financial assets, especially those used on behalf of older adults and adults with disabilities, by amending the Civil Code, the Notarial Act and the financial exploitation law. Original NAPREC analysis in English and Spanish.
$27 million in federal Head Start funds for Puerto Rico — a NAPREC perspective
Resident Commissioner Pablo José Hernández announced $27,168,345 from the U.S. Department of Health and Human Services for Head Start and Early Head Start programs in Puerto Rico. Original NAPREC analysis in English and Spanish.
FEMA obligates $87 million for 47 recovery projects — a NAPREC perspective
The Governor announced that FEMA obligated $87,111,870.38 for 47 recovery and reconstruction projects, including street lighting in Moca, Lares and Aguas Buenas, the Punta Santiago pier in Humacao and a bridge project. Original NAPREC analysis in English and Spanish.
Exports show limited exposure to Canada’s new tariffs — a NAPREC perspective
The Puerto Rico Institute of Statistics found that exports potentially affected by Canada’s counter-tariffs on U.S. goods, in effect since September 8, ranged from $3,853 in 2023 to $4.78 million in 2024 and about $861,000 in 2025. Original NAPREC analysis in English and Spanish.
Colleges in Puerto Rico receive $11.8 million to strengthen institutions — a NAPREC perspective
Resident Commissioner Pablo José Hernández announced $11,842,568 from the U.S. Department of Education’s Strengthening Institutions Program for 15 awards to colleges and universities in Puerto Rico. Original NAPREC analysis in English and Spanish.
A $2.5 billion power link to the Dominican Republic advances — a NAPREC perspective
A $2.5 billion federally approved project would link Puerto Rico and the Dominican Republic with a submarine cable able to carry up to 700 megawatts in both directions, connecting through the Mayagüez substation. Original NAPREC analysis in English and Spanish.
House bill would create a quantum computing strategy — a NAPREC perspective
House Bill 1440, filed on Sept. 17, would create a government strategy for quantum computing, advanced cybersecurity, research and workforce training, along with a Puerto Rico Quantum Coordination and Technology Council. Original NAPREC analysis in English and Spanish.
Puerto Rico’s aging index rises 41 percent in five years — a NAPREC perspective
The Puerto Rico Institute of Statistics reported that the island’s aging index rose 41 percent from 2020 to 2025, from 168 to 237 residents aged 65 or older for every 100 residents under 15. The increase appeared in all 78 municipalities. Original NAPREC analysis in English and Spanish.
Economic index rises in July, but the recession warning remains — a NAPREC perspective
Puerto Rico’s Coincident Indicators Index rose 0.5% in July to a preliminary 110.5 points, its second monthly gain, led by manufacturing, but its average for the first seven months of 2026 remained 0.5% below last year. Original NAPREC analysis in English and Spanish.
Bill proposes fines of up to $2,500 for blocking traffic — a NAPREC perspective
Senate Bill 1445 would impose a $1,000 fine and six points on a driver’s record for intentionally using a vehicle to block traffic, rising to $2,500 when the obstruction delays an emergency vehicle. Original NAPREC analysis in English and Spanish.
Bill seeks more time to finish Puerto Rico’s recovery — a NAPREC perspective
Resident Commissioner Pablo José Hernández and Representatives Bennie Thompson and Nellie Pou announced H.R. 10441, which would extend the deadline for eligible FEMA recovery projects in Puerto Rico to December 31, 2035, with annual progress reports. Original NAPREC analysis in English and Spanish.
Planning Board lowers growth forecasts for 2026 and 2027 — a NAPREC perspective
The Puerto Rico Planning Board cut its real growth forecast to 0.3% for fiscal 2026 and 0.2% for fiscal 2027, citing declining federal disbursements, tariffs, inflation and other pressures. Original NAPREC analysis in English and Spanish.