Puerto Rico Gov. Alejandro García-Padilla presented Thursday a consolidated budget of $29 billion and an operating budget of $9.83 billion for fiscal 2014, representing a $750 million increase when compared to the current budget, which he said will be covered with new revenue.
Puerto Rico’s economy stands to make $200 million a year through the arrival of Southwest Airlines, which landed on the island for the first time Sunday morning, carrying more than 170 passengers from Orlando.
Three high-ranking Puerto Rico government officials, Gov. Alejandro García Padilla, Economic Development and Commerce Secretary Alberto Bacó and Puerto Rico Industrial Development Company Executive Director Antonio Medina, jetted off to Brazil Sunday to participate in “The Government Leaders Forum — Latin America and The Caribbean,” hosted by Microsoft.
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