The Government Development Bank for Puerto Rico released its most recent liquidity statement late last week, showing a balance of $1.02 billion net as of April 30, representing a drop from the $1.11 billion the agency reported for the prior month.
The Commonwealth of Puerto Rico ranked ninth on the list of best destinations to invest in Latin America and the Caribbean, according to a publication by Site Selection magazine.
Despite the current economic challenges facing Puerto Rico, the financial strength of the Commonwealth’s insurance carriers remains generally solid, according to a new A.M. Best briefing.