Ramon cantero frau dating Partnersuche im internet österreich
The Bank was the brainchild of Governor Rexford Guy Tugwell, who signed Law 253 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico.A subsequent law in 1945 expanded its responsibilities to include serving as the fiscal agent for, and financial advisor of, the government of Puerto Rico.
gratis dating sider for unge Holstebro - Ramon cantero frau dating
The highly centralized government structure set up by Tugwell, one of President Franklin Delano Roosevelt's Brain Trusters required such a fiscal agent, contrary to the model followed by most states, in which each agency and political subdivision is responsible for issuing its own bonds.
During its formative years, the GDB helped financially structure the Puerto Rico Water Resources Authority, the new publicly owned electric company that generated much of its power from a hydroelectric system.
During its first decade, GDB financed infrastructure development, particularly the development of low-cost housing.
Between 19, the GDB issued over $1 billion in bonds to finance the islands' infrastructure, contributing to Puerto Rico's economic growth.
Instead, he is driving ahead with his agenda to develop high-tech industries, spur manufacturing and to foster the regionalization of economic development.