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List of government-owned corporations of Puerto Rico
English Wikipedia - The Free Encyclopedia
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List of government-owned corporations of Puerto Rico
The
government-owned corporations
of
Puerto Rico
—or
public corporations
— are a set of corporate entities owned entirely or in large part by the
executive branch of the government of Puerto Rico
or by
its municipalities
. The corporations engage in
commercial activities
with their revenues ultimately being allocated towards the government's treasury the
Puerto Rico Consolidated Fund
or towards the corresponding municipal treasury. Some of them have been criticized since their creation since they are not profitable and depend on the
issue of bonds
or
large indebtedness
to operate, or because they constitute a
government monopoly
or control a unique asset (such as a port, toll, or land).
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