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According to Hacienda Secretary Raúl Maldonado, task forces within the agency are already drafting legislative measures, which will be submitted alongside the first budget to be approved under the Oversight Board’s (OB) rule.  (Archivo / GFR Media)
According to Hacienda Secretary Raúl Maldonado, task forces within the agency are already drafting legislative measures, which will be submitted alongside the first budget to be approved under the Oversight Board’s (OB) rule. (Archivo / GFR Media)

The first tax initiatives to be submitted by Ricardo Rosselló Nevares’s administration will aim to “extinguish the fire” currently consuming the Department of Hacienda (Treasury). Their goal is to find $924 million in new revenues for the next fiscal year, as stipulated in the Fiscal Plan.  

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