Puerto Rico Gov. Alejandro García Padilla, just past the halfway point in his first year in office, is touting his accomplishments – accomplishments that municipal analysts generally acknowledge.
“In only six months, we have tackled several key challenges faced by Puerto Rico for decades to protect our investment grade ratings,” García Padilla told The Bond Buyer in an email. “We moved swiftly to correct the problems that were weakening our credit rating and restraining Puerto Rico from sustainable economic growth. We feel confident that we have come a long way.”