Puerto Rico Public Finance Corporation

The Puerto Rico Public Finance Corporation was a government entity responsible for managing public debt and financing projects in Puerto Rico. Established to help the island fund its operations and services, it issued bonds to raise money. However, it faced significant challenges due to Puerto Rico's economic struggles and eventual bankruptcy. The corporation aimed to ensure stable financial conditions but became a focal point in discussions about the island's fiscal crisis and efforts for economic recovery, highlighting the complexities of public finance in a territory facing financial hardship.