Fri, Nov 8, 2013
Por redacción de Sin Comillas
La Secretaria de Hacienda, Melba Acosta Febo, envió esta carta a la revista The Economist para responder al artículo publicado el 26 de octubre:
Trouble in paradise
* SIR – Puerto Rico is experiencing the most important period of fiscal and economic rebuilding in recent history (“Greece in the Caribbean”, October 26th). And this is just the beginning. Since the García Padilla administration took office in January 2013, we have taken swift, decisive and unprecedented measures to stabilise our fiscal situation, promote economic growth, and safeguard and strengthen our credit.
We have enacted new revenue measures. We are delivering on Puerto Rico’s long-standing promise of reducing and ultimately eliminating its reliance on deficit financing. We are in the process of reducing two-thirds of our inherited budget structural gap. We have cut government spending and will continue to do so. We are focused on matching our recurring expenses with recurring revenues.
We are changing our public corporations from a long history of state subsidies to self-sustained enterprises. We are strengthening the liquidity of our Government Development Bank. We have enacted the most comprehensive, meaningful and sweeping pension reform in Puerto Rico’s history.
We have driven the creation over 20,000 jobs in the private sector in nine months and we are committed to creating another 30,000 in the upcoming months.
We have more work to do, but in just nine months, we are on our way to restoring economic stability.
Melba Acosta Febo
Secretary of the Treasury of Puerto Rico