The Puerto Rico Institute of Statistics has joined forces with the Bureau of Economic Analysis and the Puerto Rico Planning Board to continue developing a project to estimate the island’s gross domestic product. To move the initiative forward, the Institute’s Interim Executive Director Orville Disdier traveled to the BEA’s Washington D.C.’s offices last week to […]
WASHINGTON — Half a dozen tax attorneys and D.C. policy wonks bickered Tuesday over how to bring Puerto Rico out of its perennial economic crisis in the context of PROMESA, the Puerto Rico Oversight, Management and Economic Stability Act.
Puerto Rico’s current economy is smaller and less populated than when many of its legal and government structures were effected, making it necessary to refocus development policies to be able to move forward.
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