Puerto Rico Governor-Elect Fortuno takes action to revitalize Puerto Rico’s Economy.
October 11, 2008
Puerto Rico Governor-elect Luis Fortuno announced a new special council to recommend effective policy for the fiscal and economic reconstruction of the U.S. Commonwealth of Puerto Rico.
The new Economic and Fiscal Advisory Council of Puerto Rico will recommend policy action in the following three areas:
— Fiscal Reconstruction
— Public-Private Partnerships
— Economic Sustainability
The new Economic and Fiscal Advisory Council is comprised of a select and diverse group of leaders of the private sector headed by Richard L. Carrion, CEO and Chairman of Popular, Inc. It will submit recommendations on fiscal reconstruction and public-private partnerships before year’s end for implementation in January 2009 and on economic sustainability no later than March 2009.
“The economy is our No. 1 priority and we want to move promptly,” said Governor-elect Fortuno. “We all have to work together with great determination and leave behind bitter partisanship for a common cause: the revitalization of the economy of Puerto Rico.”
“I am gratified by the response and willingness of this diverse group of leaders to join forces for the revitalization of the economy of Puerto Rico,” said Governor-elect Fortuno. “I am confident we will reach our goal.”
