A student demonstrates the use of Bloomberg terminals to Popular Inc. CEO Ignacio Álvarez in the new finance laboratory at the University of Puerto Rico’s Río Piedras campus.
“The budget illustrates that the fiscal responsibility we instilled in previous years puts the Commonwealth in a better position to respond to the changing federal funding landscape.
Like many states, municipalities and territories across the U.S., we may have to revisit the budget with the Governor and Legislature if federal funding levels change.”
— Robert Mujica, executive director, Financial Oversight and Management Board for Puerto Rico