It is the public policy of this Legislative Assembly to promote structural reforms for the purpose of reestablishing the economic growth and competitiveness of the Commonwealth of Puerto Rico, as well as to close fiscal gaps and reduce the debt burden of supervised entities to sustainable levels and restore Puerto Rico’s institutional credibility by optimizing budget formulation and execution and information transparency.
This chapter shall be interpreted consistently with the Constitution of the United States, the Constitution of the Commonwealth and the powers vested in the Governor and the Legislative Assembly thereunder.
History —Dec. 8, 2015, No. 208, § 103.