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Francisco Rodríguez-Burns

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Latest by Francisco Rodríguez-Burns

DDEC seeks $28.8 million budget increase for fiscal 2026-27
News

DDEC seeks $28.8 million budget increase for fiscal 2026-27

Puerto Rico’s Department of Economic Development and Commerce (DDEC) is seeking a $28.8 million budget increase for fiscal year 2026-27, with agency officials citing rising pension obligations, infrastructure investments and operational costs as key drivers behind the request. During a public hearing before the Senate Treasury, Budget and PROMESA Committee, DDEC Secretary Sebastián Negrón Reichard said […]

Francisco Rodríguez-Burns
Fiscal Oversight Board plans next public board meeting amid fiscal safeguard discussions
Economy

Fiscal Oversight Board plans next public board meeting amid fiscal safeguard discussions

The Financial Oversight and Management Board for Puerto Rico is planning its next public board meeting at the Puerto Rico Convention Center Dr. Pedro Rosselló on May 20, as the agency continues discussions surrounding Puerto Rico’s long-term fiscal framework, tax relief measures and energy policy. The development comes as the Oversight Board voiced support for […]

Francisco Rodríguez-Burns
Onovexa to Establish $36.2 Million Manufacturing Operation in Humacao, Creating More Than 200 Jobs
Business

Onovexa to Establish $36.2 Million Manufacturing Operation in Humacao, Creating More Than 200 Jobs

Puerto Rico continues to strengthen its position as a manufacturing hub with the announcement of a new multimillion-dollar industrial operation in Humacao focused on consumer, medical, and hygiene products. Governor Jenniffer González Colón announced the establishment of Onovexa LLC alongside Department of Economic Development and Commerce Secretary Sebastián Negrón Reichard and Jorge “Tato” González Camp, […]

Francisco Rodríguez-Burns