Puerto Rico Trade and Export announced Tuesday a new methodology and sampling to be used to develop the island’s retail sales report, looking to publish a more accurate result by Puerto Rico’s commercial establishments, the agency’s executive director Ricardo Llerandi said.
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.
Puerto Rico Government Development Bank President Melba Acosta confirmed Tuesday that the agency will not be publishing the Comprehensive Annual Financial Report on Oct. 30, as it had announced earlier this year it would do.