Financial Oversight and Management Board (FOMB)

The Financial Oversight and Management Board (FOMB) is a federal agency established to oversee Puerto Rico’s financial recovery and stability. It reviews and approves budgets, manages debt restructuring, and ensures financial standards are met to help the territory recover from economic difficulties. The FOMB acts as a guardian to promote fiscal discipline, transparency, and responsible financial planning, aiming to restore Puerto Rico's fiscal health and support its economic future.