Portal oficial del Gobierno de Puerto Rico.
PROMESA established a legal and financial framework for fiscal reform and created the Financial Oversight and Management Board for Puerto Rico, which oversees and certifies fiscal plans and budgets for the Government of Puerto Rico and designated public entities. The law also provides two mechanisms for debt restructuring: Title III & Title VI.
Together, these tools support Puerto Rico’s long-term financial recovery and ability to deliver essential public services.
A court-supervised process similar to bankruptcy for restructuring Puerto Rico's public debt. This mechanism allows for comprehensive debt adjustment under judicial oversight.
An out-of-court restructuring mechanism approved by a supermajority of creditors. This provides a faster, consensual path to debt modification without formal court proceedings.
Act 2-2017 establishes that AAFAF is the government entity in charge of collaborating, communicating and cooperating with the Oversight Board. AAFAF also collaborates with the Governor in the preparation and supervision of Fiscal Plans and Budgets pursuant to the Puerto Rico Oversight, Management and Economic Stability Act (“PROMESA”) and oversees compliance with the Fiscal Plans approved and certified by the Oversight Board.
Furthermore, AAFAF is the only government entity authorized to renegotiate, restructure, and reach agreements with creditors regarding the debts of the Government and its instrumentalities.
AAFAF is the Government’s liaison with the Oversight Board. AAFAF is in charge of collaborating, communicating and cooperating with the Oversight Board on behalf of the Government and its instrumentalities. AAFAF is also authorized to oversee compliance with the Fiscal Plans approved and certified by the Oversight Board. Currently, the Executive Director of AAFAF is the Governor’s designee as ex officio member of the Oversight Board.
The purpose of AAFAF is to assist government entities in achieving fiscal responsibility and regaining access to the capital markets.
Access official fiscal reports, statements, and disclosures that track Puerto Rico’s financial progress.
Review agency procedures, policies, and notices supporting transparent public administration.
Find official news, media resources, and updates issued by AAFAF for the public and press.
Explore financial data, ratings, and reports relevant to investors and Puerto Rico’s debt portfolio.
Learn about AAFAF’s mission, responsibilities, and role in strengthening Puerto Rico’s fiscal stability.
