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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 ...
Financial Oversight and Management Board for Puerto Rico. 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 .
Taxation in Puerto Rico consists of taxes paid to the United States federal government and taxes paid to the Government of the Commonwealth of Puerto Rico.Payment of taxes to the federal government, both personal and corporate, is done through the federal Internal Revenue Service (IRS), while payment of taxes to the Commonwealth government is done through the Puerto Rico Department of Treasury ...
The Budget of the Government of Puerto Rico ( Spanish: Presupuesto del Gobierno de Puerto Rico) is the proposal by the Governor of Puerto Rico to the Legislative Assembly which recommends funding levels for the next fiscal year, beginning on July 1 and ending on June 30 of the following year. This proposal is established by Article IV of the ...
v. t. e. The Puerto Rico fiscal agent and financing (Spanish: Agente Fiscal y Financiamiento de Puerto Rico) are a group of government-owned corporations of Puerto Rico that manage all aspects of financing for the executive branch of the government of Puerto Rico. These report to the Secretariat of Governance and the Chief of Staff, and do not ...
In May 2007, local economists expressed serious concerns when it was revealed that the Puerto Rico public debt equaled to 76% of its gross national product (GNP), making it one of the most indebted countries by percentage in the world, even more than the United States. [2] During the fiscal years 2016-2017 debt rose from 93% to 95% of its gross ...
The Puerto Rico Center for the New Economy ( CNE) — Spanish: Centro para la Nueva Economía — is an economy-centered think tank that has emerged as an incubator for future economic public policy in that United States territory. [1] Founded in 1998 and funded by the private sector, the CNE partnered with the Brookings Institution, a national ...
Executive Director of the Puerto Rico Ports Authority, the Convention District Authority and the Puerto Rico Public–Private Partnerships Authority, or P3 Authority. Marrero is also the executive director of the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF). In July 2021, he was appointed by Pedro Pierluisi as the ...