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Financial Oversight and Management Board for Puerto Rico (FOMBPR), colloquially known as La Junta de Control/Supervisión Fiscal is a government entity whose role to revise and approve the budget and obligations of the government of Puerto Rico was created by federal law PROMESA.
The Office of the Commissioner of Financial Institutions of Puerto Rico—in Spanish: Oficina del Comisionado de Instituciones Financieras (OCIF)—is an office of the Department of Treasury of Puerto Rico that supervises and regulates Puerto Rico's financial sector to ensure its safety and soundness, as well as to oversee a strict adherence to all applicable laws and regulations.
The official name of the entity in Spanish is Estado Libre Asociado de Puerto Rico ("Free Associated State of Puerto Rico"), while its official English name is Commonwealth of Puerto Rico. [21] The Spanish official name was suggested by its architect Luis Muñoz Marín and adopted by a constitutional assembly on July 25, 1952.
The Puerto Rico Department of Treasury (Spanish: Departamento de Hacienda de Puerto Rico) is the executive department of the government of Puerto Rico responsible for the treasury of the U.S. Commonwealth of Puerto Rico. It is one of the constitutionally-created executive departments and is headed by a Secretary. [1]
The Bank was the brainchild of Governor Rexford Guy Tugwell, who signed Law 253 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico. A subsequent law in 1945 expanded its responsibilities to include serving as the fiscal agent for, and financial advisor of, the government of Puerto Rico.
The Department of Transportation and Public Works (DTOP; Spanish: Departamento de Transportación y Obras Públicas) is the Executive Department of the Commonwealth of Puerto Rico that regulates transportation and public works in Puerto Rico. [1] [2] The agency's headquarters are located in San Juan. [3]
The Puerto Rico Department of Consumer Affairs (PRDCA) or Departamento de Asuntos del Consumidor de Puerto Rico (DACO in Spanish)— is the executive department of the government of Puerto Rico responsible of defending and protecting consumers in the U.S. Commonwealth.
This is a list of Puerto Rico locations by per capita income. In 2017, Puerto Rico had a per capita income of $12,081 — lower than any state and one of the lowest in the United States. [ 1 ] In 2017, Puerto Rico had a median household income of $19,775 — the lowest of any state or territory in the United States.