Due to lags in the availability of key data sources used in the estimation of Puerto Rico GDP, the statistics for 2022 are preliminary estimates, the BEA said.
“The budget illustrates that the fiscal responsibility we instilled in previous years puts the Commonwealth in a better position to respond to the changing federal funding landscape.
Like many states, municipalities and territories across the U.S., we may have to revisit the budget with the Governor and Legislature if federal funding levels change.”
— Robert Mujica, executive director, Financial Oversight and Management Board for Puerto Rico