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The Puerto Rico Office for Socioeconomic and Community Development (Spanish: Oficina para el Desarrollo Socioeconómico y Comunitario de Puerto Rico (ODSEC)) is a government agency of Puerto Rico that manages projects to improve and develop "Special Communities of Puerto Rico", (Spanish: Comunidades Especiales de Puerto Rico). The agency works ...
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 Authority for the Financing of the Infrastructure of Puerto Rico Spanish: Autoridad para el Financiamiento de la Infraestructura de Puerto Rico (AFI)— is a government-owned corporation of Puerto Rico that grants administrative and financial assistance to other Puerto Rico government-owned corporations in order to develop facilities and improve the infrastructure of Puerto Rico.
Autoridad para el Financiamiento de la Infraestructura de Puerto Rico: AFI: Banking: Caño Martín Peña ENLACE Project Corporation: ENLACE: Corporación del Proyecto ENLACE del Caño Martín Peña: ENLACE: Real estate: Cardiovascular Center of Puerto Rico and the Caribbean Corporation: CCPRCC: Corporación del Centro Cardiovascular de Puerto ...
In the spring of 2024, FOMB sent two letters to the Governor of Puerto Rico and the legislature threatening to overturn a solar net energy metering law, known as Act 10. [ 17 ] [ 18 ] Act 10 was unanimously passed by the legislature in 2023, and signed into law by Governor Pierluisi in January 2024, and it extended net energy metering for new ...
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 economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...