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The largest budget in a decade
The budget shows few measures seeking to promote a sustained economic improvement
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This content was published more than 4 years ago.
The budget shows few measures seeking to promote a sustained economic improvement
The economic depression Puerto Rico has been experiencing since 2006 resulted in a decline of the island´s purchasing power of least 21 percent. Next fiscal year, the local government will seek to leave behind austerity measures in the face of the economic downturn triggered by the COVID-19 pandemic.
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