Finance and Economy

Partnerships are paving a new path for Puerto Rico

By Carlos Mercader

Published August 17, 2017 4:01am ET

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Partnerships are paving a new path for Puerto Rico — Puerto Rico is undergoing a steady transformation that involves government right-sizing, reductions in public spending, a trimming of the number of political appointees, and a reformation of permitting processes. The government, led by new Governor Ricardo Rosselló, is also working on tax and energy reforms. (AP Photo/Ricardo Arduengo, File) | Ricardo Arduengo

Puerto Rico is rapidly becoming the most competitive jurisdiction within the United States.

The island is undergoing a steady transformation that involves government right-sizing, reductions in public spending, a trimming of the number of political appointees, and a reformation of permitting processes. The government, led by new Governor Ricardo Rosselló, is also working on tax and energy reforms.

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