Puerto Rico Treasury Secretary Francisco Parés recently met with representatives of the Private Sector Coalition to present 10 priority projects and reaffirm his commitment to the agency and with taxpayers. During the meeting, he discussed critical projects, the actions taken since his appointment and Treasury’s strategic plan, which emphasizes the transformation of the organizational culture […]
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2019/07/NIMB-Podcast-GOVERNMENT-CRISIS_mixdown-S1E13.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSBusiness leaders from the Puerto Rico Private Sector Coalition condemned the arrests of former government officials and collaborators and requested an immediate corrective plan action. For Coalition members, the fact that it is not the first time that a government in power is the subject […]
The Private Sector Coalition expressed its opposition to Reorganization Plan No. 8, which proposes creating the Puerto Rico Public Service Regulatory Board. and urged lawmakers to block the plan.
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.
The Private Sector Coalition, which brings together more than 30 organizations from various sectors of the island, called on the Legislature Wednesday to halt the course of House Bill 971 and warned of the negative effects it would have on the local economy.
The Puerto Rico Private Sector Coalition on Wednesday revisited its quest for labor reform, asking Gov. Ricardo Rosselló to present necessary legislation to promote a new environment for employers.
Leaders of Puerto Rico's Private Sector Coalition continued their push in Washington DC for the enactment of economic development measures for the commonwealth as the true way out of the fiscal crisis.
U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, along with Minority Leader Harry Reid and 44 other Democrats and Independents in the Senate, wrote to Leader Mitch McConnell urging bipartisan, legislative action to give Puerto Rico access to the appropriate financial restructuring tools.
Concrete ideas for creating jobs, especially for recent graduates, and a strong commitment to jump-start the economy were the result of the recent meeting between representatives of the Private Sector Coalition and the Federal Reserve Bank of New York, which established agreements to work together to benefit Puerto Rico’s competitiveness.
The Private Sector Coalition is calling for the union of all sectors, to change the perception that Puerto Rico is one step from becoming a narco-state maintained by an underground economy into one seen as having the region’s best infrastructure, technology and professionals.
The Private Sector Coalition and representatives of 17 labor unions signed a “historic” Memorandum of Understanding to collaborate with and support federal initiatives that spur socioeconomic development in Puerto Rico.
The Private Sector Coalition is looking to create a multi-sectoral working committee to ask Congress to amend Section 243 of the U.S. Internal Revenue Code, so that corporations established in Puerto Rico can benefit from the same special tax rates given to domestic companies operating stateside.
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