US Army Corps of Engineers allocates $230M for Puerto Rico waterways improvements
January 20, 2022
The US Army Corps of Engineers has assigned some $230 million for improvements to the Caño Martín Peña, the San Juan Bay, and the Culebrinas River, as part of the Biden Administration’s Infrastructure Act. Of ...
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US District Court approves Puerto Rico’s debt adjustment plan
January 19, 2022
After more than five years, the US District Court for the District of Puerto Rico approved a Plan of Adjustment that reduces the commonwealth’s debt by 80% and saves Puerto Rico more than $50 billion ...
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EDB doubled its financing capacity for SMEs in ’21 vs. ’19
January 18, 2022
The Puerto Rico Economic Development Bank doubled the number of loans approved for small and mid-sized businesses in 2021, when compared to 2019, agency President Luis Alemañy said, adding that in doing so, “the public ...
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