To safeguard the fiscal stability of Puerto Rico and promote its competitiveness in order to transform our economy into one of the most developed economies in the world, hence, fostering the social and economic enhancement of our people.
Pension Reform Act, Law No. 3 of April 4, 2013. ClickHEREto read GDB's unofficial English translation of the Act, excluding the Statement of Motives. GDB makes no representation or warranty as to the accuracy or completeness of this translation and strongly suggests reading the full text of the Act in Spanish (availableHERE), pending issuance of the official translation of the Act by the Puerto Rico Office of Legislative Services.
Impulso Empresarial is a loan guaranty program of the Puerto Rico Development Fund, a GDB subsidiary. The program seeks to coordinate the shared commitment of the GDB, private banks and the Economic Development Bank for Puerto Rico (EDB) with the development of businesses in the Island by providing guaranties for private bank and EDB loans to businesses in order to start, expand or improve their operations. The program will run through April 2013.
For more information on who can apply for a loan under the program and the participating banks, read the Frequently Asked Questionssheet.
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. (List of Participant InstitutionsOnly 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.
For more information, read the Savings Bonds brochure (available in Spanish only) and/or contact the GDB at 787-722-2525 x15580.