Contrary to what the government has been asserting over the past few months, the proposed budget for Fiscal 2015 will not be a balanced one because it is not factoring in sufficient appropriations to cover bond interest payments due, the Center for a New Economy said Wednesday.
Puerto Rico’s Center for a New Economy has been included in the seventh annual 2013 Global Go To Think Tanks Report, the most comprehensive ranking of the world’s top think tanks commissioned by the World Bank. The nonprofit ranked 69th among the world’s 80 “think tanks to watch.”
Puerto Rico needs to make "clear demands" to the U.S. government regarding what is needed to pull through its present difficulties, including requesting more flexibility with the Jones Act, a legislation that is also hurting Hawaii.