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The government-owned corporations of Puerto Rico —or public corporations (Spanish: corporaciones públicas)— are a set of corporate entities owned entirely or in large part by the executive branch of the government of Puerto Rico or by its municipalities.
The government-owned corporations of Puerto Rico are autonomous, independent, and self-sufficient legal entities owned entirely or in large by the executive branch. These corporations engage in commercial activities with their revenues ultimately being allocated towards the government's treasury: the Puerto Rico Consolidated Fund.
Pages in category "Government-owned corporations of Puerto Rico" The following 32 pages are in this category, out of 32 total. This list may not reflect recent changes .
Puerto Rico has also established several government-owned corporations in order to provide basic and public services to its citizens, including electricity, water, transportation, and education, among others. These are separate legal entities from the Commonwealth, but the government owns virtually all of these corporations' stock.
On June 28, 2014, Governor Padilla signed into law the "Puerto Rico Public Corporation Debt Enforcement and Recovery Act", which sought to allow corporations owned by the Commonwealth, such as the Puerto Rico Electric Power Authority, the Puerto Rico Aqueducts and Sewers Authority, and the Puerto Rico Highways and Transportation Authority to ...
In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital.
The Puerto Rico State Insurance Fund Corporation —Spanish: Corporación del Fondo del Seguro del Estado (CFSE)—is a government-owned corporation of Puerto Rico that provides workers' compensation in Puerto Rico. The Corporation is headed by a board of directors appointed by the Governor of Puerto Rico and subject to the advice and consent ...
For practical reasons the budget is divided into two aspects: a "general budget" which comprises the assignments funded exclusively by the Department of Treasury of Puerto Rico, and the "consolidated budget" which comprises the assignments funded by the general budget, by Puerto Rico's government-owned corporations, by revenue expected from loans, by the sale of government bonds, by subsidies ...