Investor Webcast
September 8, 2011 Webcast Presentation: Leveraging Puerto Rico's Fiscal Recovery to Restore Sustainable Economic Growth
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Click HERE for presentation in pdf. |
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Click HERE for audio presentation. |
Public-Private Partnerships (PPPs) represent an important tool for the economic development of Puerto Rico. On June 8, 2009, Act 29 was approved in order to implement a new public policy that provides a clear legal framework and fosters the creation of PPPs in Puerto Rico. PPPs allow for the establishment of mutually beneficial contractual agreements between the Government and the private sector to provide public goods or services in a more efficient, effective and accessible way for the general public. To get a better understanding of the PPP Process, visit the Official PPPA Website at www.p3.gov.pr and look for Basic P3 Concepts.
 Desarrollo para el Pueblo (Development for the People) is a program that promotes the development of new entrepreneurs to facilitate employment and economic reactivation in the regions or municipalities that need it the most. Among other goals and objectives, the program seeks to create employment and self-employment, boost the development of SMEs, and promote Puerto Rican products. In addition, the program aims to support commercial expansion in urban areas in the municipalities where there are growth opportunities and installations available to develop Urban Entrepreneurial Service centers (SUBE, by the Spanish acronym), small commerce centers where merchants may work together sharing expenses and joining efforts to market their products and services. For more information about the program and to learn more about the municipalities where the program will be presented, visit the Desarrollo para el Pueblo official website at www.desarrolloparaelpueblo.com and look for Pueblos a Impactar (available in Spanish only).
Since August 6, 2009, Puerto Rico residents can purchase the Economic Cooperation with Puerto Rico Savings Bonds at credit unions and cooperative savings banks, commercial banks, and P.R. Treasury Department collections offices throughout the Island. See Press Release in News section above. (List of Participant Institutions Only in Spanish)
Beginning with a minimum purchase of $100.00, an individual may purchase up to a maximum of $5,000 in $50- denominations. Payment for Savings Bonds can be made in cash, money order, cashier’s check or debit card transactions. The savings bonds will be available until the sale of a total of $20 million, as approved by the Legislative Assembly in Act No. 7 of March 9, 2009. The Savings Bonds have been available since May 4, 2009 at the GDB main offices in San Juan.
For more information, read the Savings Bonds brochure (available in Spanish only) and/or contact the GDB at 787-722-2525 x2063.
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