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 Financial Oversight and Management Board for Puerto Rico, according to nonprofit Espacios Abiertos. “When we analyze the international context and Puerto Rico’s situation in light of the economic projections contained […]
I have lived in Puerto Rico for a little more than seven years. In that time, I have experienced the island go through Chikungunya, Zika, a Commonwealth bankruptcy, hurricanes, earthquakes and now COVID-19. The Puerto Rican people are resilient. They have been through so much, they just know they have to endure to survive. Prior […]
Saying that six weeks after the government of Puerto Rico established a strict lock-down the private sector is not producing economic activity, newly created group Movement for a Healthy Economy said it is time to reopen the economy. The island’s private sector reportedly generates 94.3% of the value of Puerto Rico’s productive activity, while the […]