Puerto Rico Oversight Board launches ease of doing business survey

by Dec 7, 2021Economy, Puerto Rico0 comments

The Financial Oversight and Management Board for Puerto Rico announced an ease of doing business survey for the United States territory, as part of their commitment to the economic revitalization of Puerto Rico. Key to this effort, they say—especially in the aftermath of the devastating COVID-19 pandemic—is improving the islands’ business environment.

The Oversight Board indicated it would like to hear about the challenges of starting and running a business in Puerto Rico. The survey is meant for business leaders to express their sentiments about the business environment, their own concerns, and their ideas for change to find the right solutions.

The survey is concerned with central government agencies only, not municipalities, or other entities. It aims to: gauge any change, positive or negative, regarding the ease of doing business on the islands; better understand businesses’ experiences with specific business processes (e.g. permitting) in Puerto Rico; and capture sentiments regarding the islands’ economic trajectory. Survey results will be reported in aggregate. Individual responses will be kept confidential and will not be shared with government agencies.

The survey will take no more than 15 minutes to complete, is available in English and Spanish, and individual responses will remain confidential. The Oversight Board will share the consolidated results of the survey with the public.