House of Representatives approves the “highest” budget in the history of Puerto Rico

House of Representatives approves the “highest” budget in the history of Puerto Rico

The House of Representatives approved this Tuesday a version of the budget with charges to the general fund for the next fiscal year 2024-2025 amounting to $13,062 millionthe “highest” in the history of Puerto Rico, according to the president of the House Finance Commission, Jesus Santa.

“We are approving the highest budget, with the largest amount of money in the entire history of the country. I believe that many of the changes we were asking for were made by consensus and, above all, we met the dates established by the Board (Fiscal Supervision, JSF)”indicated the popular representative.

Santa explained that this is “a first step” towards achieving final approval of a balanced budget. Endorsed by the Chamber with 42 votes, the substitute for the House Joint Resolution 624 It now goes to the Senate for evaluation and possible amendments.

“Most of the changes that had been indicated were included in the budget, and those changes that are still pending, we will work on in the conference committee,” said Santa, referring to the body – made up of members of both chambers – that is created to resolve differences and achieve consensus around the measure.

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