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Featured, Government
GAO: Puerto Rico cuts debt by $12.5B as finances improve, risks persist
NIMB Staff July 17, 2025

Agency reports budget surplus and economic growth but warns of long-term risks. #NewsismyBusiness

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In Puerto Rico, population decline “is a reality that is directly affecting the economy,” said Ramón Vega-Alejandro, executive director of the Puerto Rico Manufacturing Extension (PRiMEX), during the organization’s symposium, “Population Decline in Puerto Rico: A Multisectoral Challenge.”
Featured, General Biz News
Puerto Rico ranks among world’s fastest-shrinking populations
G. Torres April 21, 2025

Puerto Rico’s population is projected to decline steadily from 2024 to 2029. #NewsismyBusiness

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QUOTE OF THE WEEK:

“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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