Rosselló meets with Facebook, Uber, Sunrun executives
May 11, 2018
During his trip to California this week, Puerto Rico Gov. Ricardo Rosselló, met with top Facebook, Uber, and Sunrun executives to generate an interest from them to collaborate, establish, or expand their operations on the island.
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New tax model for P.R. seeks to spur employment, economic development
April 16, 2018
Puerto Rico Gov. Ricardo Rosselló submitted his vision for a new tax model to the island’s Legislative Assembly aimed at encouraging work and create economic development through changes to the Internal Revenue Code.
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COFINA constituents call out gov’t inaccuracies related to IVU collections
March 16, 2018
A group of Puerto Rico Sales Tax Financing Corp. (known as COFINA in Spanish) stakeholders expressed concern about the government’s alleged release of inaccurate information about Sales and Use tax (SUT) collections.
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Rosselló announces tax cuts, salary increases in State of the Commonwealth address
March 6, 2018
During his second State of the Commonwealth address since taking office, Puerto Rico Gov. Ricardo announced a new tax model to phase out the Business to Business (B2B) and plans to cut the Sales and Use Tax on processed foods from 11.5 percent to 7 percent.
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P.R. Institute of Statistics asks court to resolve Board composition dispute
February 22, 2018
The Puerto Rico Institute of Statistics filed a motion at the San Juan Superior Court reiterating its request for declaratory judgment and injunction requested following the legal controversy that arose last summer, related to the composition of its Board, which has not yet been resolved.
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Op-Ed: Institute of Statistics able to ‘light the way to full, reliable, accessible data’
February 16, 2018
We appreciate the statement of the Oversight Board on the desirability that the Puerto Rico Institute of Statistics is maintained as a public, independent and separate instrumentality from the government of Puerto Rico.
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ASES gets OK from CMS for contracts with ‘MI Salud’ health insurers
February 16, 2018
The Health Insurance Services Administration, or ASES, which runs the Health Reform program for the medically indigent, announced it has received the approval from the Centers for Medicare and Medicaid Services for contracts with insurers that manage the government’s health plan and corresponding policies for the current fiscal year.
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Calls to keep Puerto Rico’s Institute of Statistics Independent grow louder
February 7, 2018
The American Statistical Association (ASA), the world’s largest community of statisticians, together with leaders of the Puerto Rican scientific community and more than 1,800 petition signers are urging Puerto Rico’s legislature and Gov. Ricardo Rosselló to keep its statistical agency independent.
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Private Sector Coalition lobbies for ‘critical’ independence of gov’t statistics
February 6, 2018
The Puerto Rico Private Sector Coalition, which represents more than 30 local professional organizations, on Monday argued that given the island’s circumstances post-Hurricane María and the potential impact of government measures, it is “critical” to have a body that ensures the independence and transparency of metrics and statistics to provide complete, reliable, and fast statistics.
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Assured Guaranty: P.R.’s Revised Fiscal Plans ‘fiscally irresponsible’
January 26, 2018
Reactions from the public and private sector poured in Thursday on the Revised Fiscal Plans for the government of Puerto Rico, the Puerto Rico Electric Power Authority and the Puerto Rico Aqueduct and Sewer Authority presented to the Financial Oversight and Management Board for Puerto Rico for certification.
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P.R. Institute of Statistics chief questions plans to consolidate agency
January 22, 2018
Puerto Rico Institute of Statistics Executive Director Mario Marazzi questioned the government’s plans to consolidate that public agency with the sole purpose of outsourcing its services down the road.
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Rosselló presents measure to allow central gov’t to lend to PREPA, PRASA
January 11, 2018
Gov. Ricardo Rosselló introduced a measure to the Puerto Rico Legislative Assembly that would allow the central government to issue loans to the Puerto Rico Electric Power Authority (PREPA) and the Puerto Rico Aqueduct and Sewer Authority (PRASA).
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Gov’t: EDB sold its stake in Seaborne prior to bankruptcy filing
January 11, 2018
The Puerto Rico Economic Development Bank confirmed Wednesday the government entity will not be harmed by Seaborne Airlines bankruptcy filing, as it sold its 20 percent stake in the company last summer in anticipation of this decision.
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La Fortaleza unveils 5 reorganization plans to streamline gov’t, cut costs
January 9, 2018
Gov. Ricardo Rosselló’s administration officials unveiled Monday five reorganization plans under the New Government Act approved late last year, to streamline government processes.
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1st phase of PR government’s ‘Assets Map’ unveiled
December 15, 2017
The Puerto Rico government's main economic development agency unveiled Thursday the first phase of the Asset Map, created to attract new investment, create jobs and promote economic development in different regions of the island.
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