The Western Bypass construction in Mayagüez and nearby commercial developments have destroyed wetlands, altered hydrology, and worsened flooding in El Maní. #NewsismyBusiness
The Seguro Program aims to reduce the time drivers are exposed to dangerous situations when involved in incidents on the highways. #NewsismyBusiness
Government Development Bank President Melba Acosta announced Thursday the filing of legislation containing measures to improve the fiscal and financial situation of the Puerto Rico Highways and Transportation Authority.
The Puerto Rico Highway and Transportation Authority confirmed Wednesday that 30 local companies have been certified to participate in bids for federally funded highway and transportation projects, which will help “strengthen the economy and improve the quality of life.”
The Puerto Rico Highway and Transportation Authority will kick off next week a new ticket discount program for drivers who have used the “AutoExpreso” lane without the funds needed to cover the toll.
The Puerto Rico government’s economic team presented four measures to shore up $280 million for the Highway Authority, which is deep in the hole with the Government Development Bank, to which it owes $2.1 billion.
“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.
A ‘wait-and-see’ approach may serve the Fed, but not consumers.”
— Leslie Adames, director of analysis and economic policy, Estudios Técnicos
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