With the goal of stimulating the investment of national and foreign capital, a group of Puerto Rican experts in the fields of finance and economy have come together to create action-tank “Puerto Rico is the Answer,” to drum up investments for the island.
The recession that has affected Puerto Rico’s economy for the better part of the last eight years has not been consumption-driven, but has been the worst in terms of consumption deceleration, especially in the area of durable consumption, an analysis by economist firm H. Calero Consulting Group Inc. concluded.
Under the theme “Window of Opportunities,” the Puerto Rico Hotel and Tourism Association will celebrate its annual convention Sept. 8-10 at the Condado Plaza Hilton hotel, during which it will focus on the industry’s contributions to the island’s economic development.
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