Economic Development News

Congressional Task Force on Economic Growth in Puerto Rico Releases Final Report.pdf

Welfare Reform and the EITC: Economic Development Recommendations by the Oversight Board

The Financial Oversight Board published its first annual report in accordance with Section 208(a) of the Puerto Rico Oversight, Management, and...

The Jones Act has been hurting Puerto Rico for decades

A 2012 study from the New York Federal Reserve found that shipping a container from the US East Coast to Puerto Rico cost $3,063. But shipping the ...

Puerto Rico's Structural Problems Are Similar to Greece's

Puerto Rico shares a story similar to Greece's (GREK) in terms of its dismal economic performance and exacerbated debt issues. With its rising...

Treasury’s Hiteshew: Economic Growth Key for Puerto Rico

While Congress and the Treasury Department have put a framework in place for Puerto Rico's recovery, the key challenge ahead is whether they...

Water hike must generate $1,020 million

The AAA is developing several rate models it will submit to the Oversight Board

A More Constrictive Formula

Experts consider that more austere measures could exacerbate the fiscal crisis, so the magnitude of the adjustment should be analyzed

Strengthening the economy will require a collective effort

In order to achieve the long-desired development, a solid base and execution guarantees are needed

Oaktree Inks $430M Sale Of Puerto Rico Airport Stake

Law360, New York (May 30, 2017, 5:39 PM EDT) -- Funds managed by private equity firm Oaktree Capital Management LP have agreed to sell a 50 ...

Businesses Will Send IVU Per Week

Hacienda explains some of the changes outlined for the Internal Revenue Code

Puerto Rico gov pursues economic development via new laws

SAN JUAN, Puerto Rico – Puerto Rico's governor has signed a flurry of new laws aimed at boosting economic development on an island entering its...

BRIEF-S&P downgrades Puerto Rico Sales Tax Financing Corp subordinated sales tax bonds to 'D ...

June 14 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Fossil fuels remain unchallenged in the island

The generation of power in private hands has not meant a change in the production model

Irma threatens Puerto Rico's hopes to emerge from debt crisis

As Hurricane Irma bears down on Puerto Rico, the cash-strapped island is bracing not only for the initial devastation but also for lasting economic...

Neil Billock With the Puerto Rican Spark Taking VDMG And US Small Businesses Forward

DORADO, PUERTO RICO – 25 Apr, 2017 – American Entrepreneur Neil Billock is taking a big step forward with his business expansion in Puerto Rico ...

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