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The public sector is responsible for paving the way to economic growth and laying the foundation for private enterprises to thrive.

P.R. Treasury collects $776.6M, $7.4M below projections
March 21, 2017, No Comments

Puerto Rico Treasury Secretary Raúl Maldonado said Monday that net revenues recorded in the General Fund totaled $776.6 ...

Deal with China-based co. to spur tire recycling project
March 20, 2017, No Comments

The Department of Economic Development and Commerce announced Sunday the signing of an agreement of understanding betwee ...

Treasury: Medicinal cannabis could net $14M in revenue
March 15, 2017, No Comments

A framework for the legal sale of medical cannabis would generate a new source of revenue for Puerto Rico, to the tune o ...

Ample reactions after Oversight Board OKs fiscal plan
March 14, 2017, No Comments

Representatives from a cross-section of the economy expressed their opinions Monday in the wake of the the Financial Ove ...

González promotes manufacturing incentives for P.R.
March 13, 2017, No Comments

Puerto Rico’s Resident Commissioner in Washington, Jenniffer González-Colón, has filed legislation to extend indefi ...

Congress moves bill protecting investors in P.R.
March 10, 2017, No Comments

U.S. Congressional Committees moved Thursday to close a decades-old loophole that critics say has caused significant fin ...

Gov’t suspends $1.8B in special assignments, tax credits
March 8, 2017, No Comments

The government of Puerto Rico released an administrative order Tuesday suspending some $1.8 billion in special assignmen ...

Planning Board revises data for ’16; P.R. GDP drops 1.1%
March 6, 2017, No Comments

The Puerto Rico Planning Board revised the island’s macroeconomic data for the end of fiscal 2016, reflecting a decrea ...

Moody’s: Recent changes at PREPA raise uncertainty
February 28, 2017, No Comments

The expiration of the Puerto Rico Electric Power Authority's contract with the firm leading the utility's restructuring ...

EDB chief presents formula to promote local SMEs
February 23, 2017, No Comments

The Economic Development Bank has a specific agenda it will follow to promote local small and mid-sized enterprises, inc ...