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Senator proposes creation of ‘Municipal Development Bank’ – PR informa

Summary by prinforma.com
-- Puerto Rico could establish a “Municipal Development Bank” to assist municipalities in financing projects, if legislation introduced by Puerto Rican Independence Party Sen. Adrián González Costa becomes law. The proposed measure, filed Wednesday in the upper chamber, mandates the Municipal Affairs Committee and the Government Committee of the Puerto Rico Senate to investigate the feasibility of creating such a bank, which would aim to finance…
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UNO Radio Group broke the news in on Wednesday, February 19, 2025.
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