The direct impact of the COVID-19 emergency on Puerto Rico’s economy has been revised upward to $9.7 billion, from an initial $6.9 billion, economi
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The Financial Oversight and Management Board for Puerto Rico today presented the 2020 Fiscal Plan for the Commonwealth of Puerto Rico for certificati
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The economic crisis Puerto Rico is facing while in the grip of the COVID-19 pandemic requires forceful action on the part of the government and Finan
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The COVID-19 pandemic that brought most of Puerto Rico’s economic activity to a screeching halt in mid-March has created a very specific niche for
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The Puerto Rico Chapter of the Associated General Contractors of America (AGCPR) described the reactivation of the island’s construction industry a
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The U.S. Department of Commerce’s Economic Development Administration is awarding a $13 million grant to the University of Puerto Rico in Ponce to
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The local financial sector “failed miserably in Puerto Rico’s hour of need” by not helping to close more loans and secure aid for the island’
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Puerto Rico’s economy will experience a net direct impact of some $4.8 billion through the end of 2020 as a result of the measures taken to fight t
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Puerto Rico’s current situation, albeit unfortunate, will bring more opportunities “find niches of economic growth and development” in the medi
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A survey of 450 businesses in Puerto Rico revealed that about 92% of them will be unable to continue making payroll, as the island enters its third w
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