Fitch Ratings recognizes Puerto Rico government’s progress
June 22, 2023
The agency noted the progress in the publication of audited financial statements and the improvement in reliability, timeliness and accessibility to information. #NewsismyBusiness
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PRITS bets on innovation, cybersecurity to streamline gov’t processes
January 4, 2023
Agency seeks to improve quality of life for Puerto Rico residents.
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Gov’t Fiscal ’20 audited financial statements show $60B deficit
October 5, 2022
The units that compose the government — departments, agencies, funds, functions, and public corporations — were included in KPMG’s audit.
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Study shows lack of controls exposes $3B in public funds to corruption
September 13, 2022
The study included private sector surveys and interviews that showed a persisting distrust in the public procurement system.
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Puerto Rico gov’t unveils recruitment platform for public sector jobs
July 19, 2022
The website seeks to attract new human capital to public service.
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Gov’t creates Puerto Rico Broadband Program; Joins ‘Internet for All’ initiative
July 14, 2022
The Broadband Program will be run by an Advisory Board.
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Gov’t invests $7.6M to tighten cybersecurity systems at public agencies
July 7, 2022
The local government worked with federal agencies on the project.
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Puerto Rico gov. signs new Labor Reform Act to expand workforce
June 21, 2022
The new law drew immediate reaction from the private sector, which slammed it.
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Op-Ed: Puerto Rico’s time is NOW!
June 6, 2022
Puerto Rico is now poised for economic growth.
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Puerto Rico to tout fiscal turnaround during PRNOW Summit
June 2, 2022
The two-day conference has already drawn 1,000 registered attendees.
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Build Back Better Regional Challenge coalition meets as proposal moves forward
April 26, 2022
Puerto Rico’s proposal has moved on to the second phase of 60 selected across the nation that are vying for $100 million in funds.
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Gov’t rolls out Civil Service Reform to adjust public sector salary scales, classifications
April 19, 2022
The latest phase of a pilot program that began in August 2021 started at two agencies.
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Puerto Rico, federal agencies partner for build-out of resilient energy network
February 3, 2022
The US Department of Energy (DOE) joined the Departments of Homeland Security (DHS) and Housing and Urban Development (HUD), and the Commonwealth of Puerto Rico to launch a new effort to accelerate work to strengthen the island’s grid resilience and advance new initiatives to enhance Puerto Rico’s energy future. The parties signed a Memorandum of Understanding (MOU) that promotes collaboration among federal agencies and the Commonwealth, and kickstarts the PR100 Study, government officials announced in Washington, D.C. The PR100 […]
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PRIDCO expects to reap benefits of ‘strategic transformation’ in ’22
January 5, 2022
After wrapping up what he called a “complex year” during which many projects were kicked-off and made possible using Puerto Rico Industrial Development Company (PRIDCO) properties, agency Executive Director Javier Bayón said 2022 brings a loaded agenda in favor of Puerto Rico’s economic development. PRIDCO officials spent the better part of 2021 reshaping the agency’s […]
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Puerto Rico private sector urges Executive, Legislative to ‘execute’ in ’22
January 3, 2022
The Puerto Rico Chamber of Commerce (CofC, in Spanish) asked the government — both the Executive and Legislative branches — the schedule to begin “executing” to move from recovery to economic growth, said Luis Gierbolini, president of the private sector trade group. In his statement, Gierbolini said Puerto Rico must move to resolve the issues […]
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