The Foundation for Puerto Rico announced the establishment of a grant fund to mitigate the loss of small and medium-sized businesses in Puerto Rico, as well as a digital platform that allows local entrepreneurs to communicate that they are already operating.
The Senate approved Monday Bill 1256, which proposes overhauling energy subsidies and obliges the government to pay its debts to the Puerto Rico Electric Power Authority.
About 32 percent of Puerto Rico Electric Power Authority customers receive some sort of a subsidy on their monthly bills, which is floated by those who pay the full rate.