GDB (Government Development Bank for Puerto Rico)

The Government Development Bank for Puerto Rico (GDB) is a financial institution created to support the economic growth and development of Puerto Rico. It provides financial services, such as loans and grants, to government agencies and projects that benefit the public. The GDB plays a crucial role in funding infrastructure, education, and public services, aiming to stimulate the economy and improve living conditions on the island. Additionally, it helps manage Puerto Rico's financial challenges, including debt issues, by facilitating fiscal responsibility and sustainable development.