NEW YORK — A panel of experts comprising analysts, economists and financial advisors gathered in Manhattan on Friday to analyze Puerto Rico’s current fiscal conditions and offer suggestions for turning the ship around in 2015, many of which require tough decisions.
The Puerto Rico Treasury Department announced Thursday that preliminary General Fund revenues totaled $452 million in November. This figure is $3 million, or 0.7 percent, below estimates, agency Secretary Juan Zaragoza-Gómez said.
The cost of living in Puerto Rico for a professional family is about 13 percent more expensive than it is in more than 300 urban and rural areas in the U.S. mainland, according to the findings of the Cost of Living Index.