The Weekly Journal - July 8-14, 2020

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Wednesday, July 8-14, 2020 - // no. 063

Puerto Rico and the Caribbean

www.theweeklyjournal.com

ECONOMIC GROWTH DESPITE LOW-PROFIT MARGINS P7 FY 2021 BUDGET 10 PERCENT HIGHER THAN THE PREVIOUS P9

BUSINESS

PRO-STATEHOOD CANDIDATES’ PROPOSALS FOR A

POST-VIRUS ECONOMY

Wanda Vázquez and Pedro Pierluisi focus on small businesses, workers moving forward Giovanna Garofalo

ggarofalo@elvocero.com

@giopgarofalo

Editor’s note: This is the first of a series discussing the economic platforms of all gubernatorial candidates.

MANUFACTURING EXPANDS AMID COVID-19 PANDEMIC P13

W

ith one month left prior to holding party primaries for gubernatorial hopefuls ahead of the November 8 general elections, how these candidates propose to revitalize Puerto Rico’s economy is a crucial

factor in determining whose platform would be more beneficial to overall welfare. Puerto Rico has suffered one blunder after another to its economy in recent years — in 2015, then-Governor Alejandro García Padilla stated that the Commonwealth’s multibillion-dollar debt was unplayable, inciting Congressional intervention with the Financial Oversight and Management Board; in 2017, Category-4 Hurricane Maria devastated the island’s already-battered infrastructure and changed the sociopolitical GO TO PAGE 4


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