Funds disbursed to the island under ARPA/CSFRF exceed $1.5 billion. #NewsIsMyBusiness
Nearly 34,000 taxpayers were notified to return misallocated pandemic aid funds, which need to be returned to the federal government. #NewsismyBusiness
In a recent overview of Puerto Rico’s economic panorama, analysis firm Estudios Técnicos predicted that fiscal conditions on the island could improve during the latter half of this year. In the research, the firm acknowledged that Puerto Rico’s economy continues to experience declines, but external factors such as the distribution of the COVID-19 vaccine, the […]
Puerto Rico Gov. Wanda Vázquez announced the allocation of $90 million in federal funds to subsidize the cost of internet connections for all public school students and teachers, which they will be able to request through Nov. 30, 2020. The aid, available through the CARES Act, will be up to $400 per participant and will […]
A few weeks ago, Jenniffer González-Colón, Puerto Rico’s Resident Commissioner, appeared in the highly rated show translated as “Playing Hardball,” along with Manuel Laboy, Secretary of the Department of Economic Development. The show’s panel inquired about the government’s slow disbursement of federal funding that was allotted to the island under several of the Cares Act […]
Effective today, the Puerto Rico Treasury Department will open a link through the Unified Internal Revenue System (SURI, in Spanish), so that eligible small and medium businesses can apply for the second round of financial aid approved under the CARES Act. Treasury Secretary Francisco Parés said the approved incentives for small and medium-sized businesses will […]
Puerto Rico Gov. Wanda Vázquez will sign an Executive Order that adopts the Strategic Disbursement Plan of the $2.2 billion from the Coronavirus Relief Fund created through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The document, prepared in accordance with the parameters established by the U.S. Department of Treasury, contains dozens of […]
The Puerto Rico Treasury Department will open a website at 4 p.m. today so that taxpayers who filed their 2019 returns without their bank account information can submit it to be next in line to receive their $1,200 federal stimulus checks. Treasury Secretary Francisco Parés said only those individuals should access the website today through […]
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