Fiscal board extends access to Emergency Reserve for drought response through Sept. 10

By THE STAR STAFF With close to half of the island now in a state of extreme drought, the Financial Oversight and Management Board has approved a 21‑day extension granting the Puerto Rico government continued access to the Emergency Reserve to fund response measures tied to the island’s ongoing drought emergency. The authorization, issued Wednesday, allows eligible expenditures through Sept. 10. According to the weekly update from the Drought Monitor issued Thursday, extreme drought…

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