Puerto Rico has been included for the first time in the International Monetary Fund’s World Economic Outlook report released Tuesday, opening doors for future economic development, local executives in charge of representing the island before the entity said.
Now that the United States and Cuba have restored diplomatic ties after a 54-year hiatus, a new report suggests that Havana’s next step should be pursuing membership in the World Bank, the IMF and other international financial institutions (IFIs) such as the Inter-American Development Bank.