Saying it “is the best option” to solve the government’s fiscal problems, Gov. Alejandro García-Padilla re-introduced Tuesday a proposal to establish a value added tax system he said would generate more than $2.5 billion in net revenue for the cash-strapped administration.
Members of Gov. Alejandro García-Padilla’s fiscal team confirmed Monday the government will likely have to implement cutbacks across the board to address the $441 million deficit it is facing for the start of Fiscal 2016.
With the participation of important international players in the fields of technology and computing and chief information officers from Latin America and the U.S. mainland, the government announced Tuesday the upcoming third edition of the Tech Summit, slated for May 13.
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