The initiative highlights the role of women in Puerto Rico’s economic development. #NewsismyBusiness
Productive financing, or financial products and services granted for the development of entrepreneurs who have no access to the conventional financial system, is the most effective way to fight poverty and inequality, said Manuel Méndez del Río, president of the BBVA Microfinance Foundation, during a conference this week.
“After 10 years of Act 247-2015 [Law for the Promotion of Reusable Bags and the Regulation of the Use of Plastic Bags], we must seriously examine whether public policy has produced the expected effects.
We need to see the full picture: protecting the environment, weighing costs for consumers and ensuring viability for retailers. Our duty is to consider amendments or new strategies that bring a fair and effective balance for Puerto Rico.”
— Sen. Nitza Morán, chairwoman, Puerto Rico Senate Committee on Economic Development, Small Business, Banking, Commerce, Insurance and Cooperativism
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