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Country Report Puerto Rico Product Image

Country Report Puerto Rico

  • Published: March 2014
  • Region: Puerto Rico
  • 17 Pages
  • The Economist Intelligence Unit

Opinion polls show a large majority of Puerto Ricans giving the governor, Alejandro García Padilla, a failing grade. Poll respondents also vented anger at the state-owned power monopoly, and a majority favour privatisation.

The annual round of opinion surveys commissioned by El Nuevo Día, Puerto Rico's largest daily newspaper, reveal a climate of frustration in the weeks following the downgrade of Puerto Rico's government bonds to junk status by the three major ratings agencies in February. The majority of citizens polled gave a failing grade to Mr García Padilla, who has been in office for only 14 months, and expressed disapproval of the stringent fiscal measures proposed to balance the central government's budget one year ahead of schedule. Other top politicians also got a failing grade. The leader of the opposition, Pedro Pierluisi, of the Partido Nuevo Progresista (PNP) fared better than the governor and his close allies, but he also received a warning call from the polls: about one-third of respondents indicate that his performance as opposition leader and Puerto Rico's non-voting representative in Congress is below expectations.

The polls also showed READ MORE >

Country Report Puerto Rico

Public support for government plummets after downgrade
Impact on the forecast

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