The Financial Oversight and Management Board for Puerto Rico will hold a public hearing on economic development on Sept. 26 at the Puerto Rico Convention Center, rooms 208 and 209 beginning at 1 p.m. The hearing will focus on the status and impact of the “Ease of Doing Business” reforms being carried by the government […]
Preliminary net revenues collected and deposited into Puerto Rico’s General Fund for the recently begun Fiscal 2020 totaled $1.05 billion, Treasury Secretary Francisco Parés said. “July 2019 revenues surpassed last year’s revenues by $305.5 million, a 41.2% increase,” he said, adding that July 2019 revenues were $159.9 million above projections. The corporate income tax category […]
Retail sales reached the second highest level for a month of July in the past decade, with nearly $2.9 billion in activity, Puerto Rico Trade and Export confirmed. The highest month in sales over the past decade was July 2018 with a total $3 billion, which the agency described as “totally atypical behavior” when compared […]
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