Puerto Rico Gov. Ricardo Rosselló and Resident Commissioner Jenniffer González announced an allocation of $16 billion in federal funds for the recovery of the island after Hurricane María.
In the years between 2009 and 2014, the economy of Puerto Rico had an inflow of funds (federal government and other sources) of about $110 billion.
U.S. Small Business Administration head María Contreras-Sweet was in Puerto Rico Monday to announced a series of initiatives to spur the island’s economy and create jobs.