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prima:Financial Oversight and Management Board warns that government financial statements continue to be delayed

Despite the adoption of a new financial system, agencies do not report expenses as they should, and the entity estimates that said expenses continue to be out of line with economic reality

May 14, 2026 - 4:19 PM

David Rodríguez Ortiz, president of the CCPA, did not offer details of the proposed changes and mentioned that they would not apply to this year's tax cycle. (Ramon "Tonito" Zayas)

The Financial Oversight and Management Board (FOMB) reiterated the government’s shortcomings in keeping track of the treasury’s financial performance, stating, among other things, that the audited financial statement for fiscal year 2023 has not yet been completed.

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