Plan for puerto rico: Plan a Three-Day Trip to Puerto Rico

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1 апреля, 2023
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Plan a Three-Day Trip to Puerto Rico

Experience the vibrancy of Puerto Rico in Cabo Rojo.

Are you feeling like a long weekend escapade? We got ideas for you.

Puerto Rico in three days? Is it possible to cover it all?

While you might not get to experience the Island in its entirety, you’ll get the essence of what the heart and soul of the Caribbean is all about. Yes, you’ll fall in love with Puerto Rico and return home refreshed and renewed!

And, with non-stop and direct flights from more than 20 major cities on the U.S. mainland, a three-day getaway in paradise is easier than you think. No passport is required (unless traveling international) for a fun-filled, unwinding escapade.

From the east coast to the west coast, north, and south, here are some ideas to fill your schedule for the long weekend, and maybe even an extension.

Note: You can follow this itinerary in order, take away, add, or mix and match with other itineraries as you like. Renting a car is recommended so you can explore the Island at your pace and time.

Puerto Rico’s main airport hub is the Luis Muñoz Marín International Airport.

ProTip: If you plan to immediately head to the west or south coast of the Island, check incoming flights through airports La Mercedida in Ponce and Rafael Hernández International Airport in Aguadilla.

Arriving in Puerto Rico

Swim or dive, Crash Boat is ready for you!

Day 1: Ok, but first, the beach!

You just arrived on the Island, so don’t load up your itinerary too much – yet! Your first day is all about setting the tone for the rest of your stay, so you can chill and get the lay of the land.

After checking in the accommodation of your choice, there is no better introduction to the tropical vibes of Puerto Rico than heading straight to the beach and grabbing a bite to eat.

If you’re staying is in the metropolitan region and arrived through SJU Airport, head on over to Isla Verde beach, where you’ll find 2 miles of coastline and blue waters ready to receive you. Lined up with hotels and various restaurants, you can also grab a bite (whether lunch or dinner) there. If you’re heading over to the east coast, your ideal first-stop beach is La Posita beach in Piñones, where you’ll get the immediate «vacation» feeling, or drive to La Monserrate, one of the most beautiful beaches in Luquillo. When arriving at La Mercedita, all roads lead to La Guancha, La Parguera, or Boquerón, some fishing villages in the south region lined up with food kiosks, restaurants, and mesmerizing views of the south region. While in Aguadilla, the ideal beach to introduce Puerto Rico to you is either Crash Boat beach or Jobos in Isabela.

Spend the afternoon or night hopping back and forth from the beach and your local surf-themed bars like Donde Olga, Boardriders, Pa Pical, or Timber & Blues (depending on the region you’re visiting) and enjoy your first on-Island piña colada.

Are you ready to have a bird’s view? Check out Toro Verde Adventure Park.

Day 2: Bucket list items

You’re all settled and ready to explore Puerto Rico, but where to start with such limited time? Go through your bucket list of activities and search for the ones that match your Caribbean theme (yes, hitting the beach again is acceptable too). Here are some activities to combine to make the most of your time away from home and cover the most ground.

The thrill of the mountains

Head to the central region of Puerto Rico, where La Cordillera Central (the strip of mountains that runs across Puerto Rico) is steeping with thrilling adventures and exciting tours you can do in a day! Book a zip lining tour like The Monster or the Toro Bikes – Guinness’ record-breaking attractions at Toro Verde Adventure Park in Orocovis. There, you’ll enjoy the panoramic views from a bird’s eye perspective as you soar through the lines and cables across the park.

Learn to order coffee like a local

After your adrenaline-fueled experience, you can wind down at Hacienda San Pedro, a generation-owned coffee hacienda in Puerto Rico with some of the best specialty gourmet brews you’ll ever taste. Book a tour and discover what makes Puerto Rican coffee so unique, how it’s processed and served right there in the estate.

Find options for lunch and dinner in the area here

Explore the ecosystems of Río Camuy, the third largest underground river in the world.

Rappelling and some caves

If you decide to head up the north coast of Puerto Rico, you’ll see some protected rocks known as the Karst of the north, which are pretty impressive on their own… imagine exploring the caves within!

Head over to Río Camuy Cave Park, where you’ll find the world’s third-largest underground river and a complex cave and cavern system full of life. You’ll see- and hear, hundreds of swallows and other birds singing as you enter the cave full of pictographic dating back to the natives of the Island.

After exploring some caves, you can extend the thrill of your trip by rappelling down the side of a rocky mountain in Vega Baja with Roca Norte – a natural climbing gym ideal for rookie climbers and expert-level ascenders.

Discover restaurants in the north

You can always finish your day off watching the sunset at the beach; there are nearly 300 miles of coastline to choose from!

Float your worries away at Río Espíritu Santo at El Yunque National Forest.

Day 3: Forts, cafés, and a rainforest

Leave the touristy-stops for last… but not least!

What is a visit to Puerto Rico if you don’t explore the culture and heritage of the Island? The best place to catch the most historical landmarks in the time you have left is Old San Juan.

There, you’ll find colonial age forts like Castillo San Felipe del Morro and Fuerte San Cristóbal – both world heritage sites. Walk up and down the cobblestone streets of Puerto Rico and hop in and out of boutiques, small shops, restaurants, bars, and more! Visit cultural pilars like the San Juan Bautista Cathedral and Capilla del Cristo, the Quincentennial Plaza, and even the Museo de las Américas — where you can grab a cup of coffee at Café Don Ruiz.

What not to miss in Old San Juan

After walking around — or after your guided tour, hop in the car and head to Río Grande, home to El Yunque National Forest. A visit to the only tropical rainforest in the U.S. is the perfect ending to an already magical and thrilling trip. Walk into this fern-filled land and be in awe of the sounds of the coquí, the skyrocketing mountains, the giant plants and trees that make up the lush vegetation, and the astonishing views from the Yokahú and Mt. Britton observation towers.

Listen to the sounds of the rainforest

Day 4: It’s not goodbye… we’ll see you later!

It’s always good to have some downtime before heading back home. Instead of trying to cram one last adventure before departing, take some time to lounge by the pool – or the nearest beach, and sip a cocktail (hey, you’re still on vacation!) while you start planning your next visit to Puerto Rico.

CW Fiscal Plan — Financial Oversight and Management Board for Puerto Rico

Restoring Growth and Prosperity

The Certified Fiscal Plan aims to ensure financial sustainability, efficient and affordable government services for the people and businesses of Puerto Rico, and a more competitive economy.

Download the Factsheet

The 2020 Fiscal Plan is the road map for Puerto Rico’s recovery and transformation.

PROMESA mandates a Fiscal Plan that provides a method to achieve fiscal responsibility and access to the capital markets, and realistic revenue and expenditure estimates for a period of at least five years.

4 pillars of the

Certified

Fiscal Plan

Focus on implementation and government efficiency

Making investments to revitalize Puerto Rico

Implementing structural reforms to promote economic growth

Maximizing efficient investment of federal funds

Economic

Outlook

The Certified Fiscal Plan’s economic outlook following COVID-19 projects an economic decline and recovery similar to that experienced after Hurricane Maria.

The Certified Fiscal Plan projected that Puerto Rico’s economy would contract by 4% in fiscal year 2020 and projected a very mild 0. 5% recovery in the current fiscal year of 2021 driven by federal aid programs.

The Certified Fiscal Plan projects that the economy would further decline in the fiscal year 2022 and 2023, followed by close to zero growth in 2024 and 2025. Simply put, the economy of Puerto Rico would contract over the five-year period.

Fully implementing the structural reforms and fiscal measures included in the Certified Fiscal Plan on a timely basis would enable Puerto Rico to move closer to a reality with lower-cost and reliable energy, a robust infrastructure, more incentives for people to enter the formal labor market, an improved regulatory and permitting system, and a more effective and efficient public sector.

However, implementing only these reforms would be insufficient to put Puerto Rico on a path to sustainable economic growth or allow Puerto Rico to avoid future government budget deficits.

Notwithstanding the full and timely implementation of the reforms, the Certified Fiscal Plan projects a central government budget deficit from the fiscal year 2032 onward – six years sooner than previously projected. The Certified Fiscal Plan projects a total budget surplus of about $8 billion between fiscal years 2020 and 2032 – a 65% decline compared to the about $23 billion surpluses previously projected.

Pillars of the

Certified Fiscal Plan

Puerto Rico is in crisis.

Puerto Rico is in crisis, and this crisis is an opportunity to accelerate change, to improve, to reengineer, and to rebuild. This crisis is a call to action for the Government to change the way it conducts business.

Focus on Implementation and Government Efficiency

Focus on Implementation

Government Priorities

Milestones

Government Efficiency Measures

Focus on Implementation

Government Priorities

Milestones

Government Efficiency Measures

Investments to Strengthen Puerto Rico

The Certified Fiscal Plan provides around $6 billion in total investments in fiscal years 2020 through 2025.

Health Care

Education

Public Safety

Technology

Manufacturing

Reconstruction

Health Care

Education

Public Safety

Technology

Manufacturing

Reconstruction

Structural Reforms for Growth

The structural reforms in the Certified Fiscal Plan are in alignment with the Government. Meaningful progress on most reforms, however, has been delayed because of natural disasters and poor implementation.

- Human capital and welfare reform: Promoting participation in the formal labor force by creating incentives to work through Earned Income Tax Credit (EITC) and providing comprehensive workforce development opportunities.

- Education reform: Transforming the K-12 education system to improve Spanish, Math, and English proficiency, and to improve graduation rates.

- Ease of doing business reform: Reducing the obstacles to starting and sustaining a business by making it easier to obtain permits, register property, and pay taxes.

- Power sector reform: Providing lower cost, more reliable, and cleaner energy through the transformation of PREPA.

- Infrastructure reform: Prioritizing transformative capital investments with federal funds, for example from the Federal Highway Administration.

The Certified Fiscal Plan provides an updated forecast reflecting delays in structural reform implementation and outlining their positive effects going forward.

Disaster Relief Funds

The Certified Fiscal Plan includes the following funding estimates:

Hurricane-related: About $83 billion of disaster relief funding from federal and private sources over 15 years
- - - About $48 billion from FEMA’s Disaster Relief Fund (DRF) for Public Assistance, Hazard Mitigation, Mission Assignments, and Individual Assistance
    - About $8 billion from private and business insurance pay outs
    - About $7 billion from other sources of federal funding
    - About $20 billion from the federal Housing and Urban Development (HUD) Community Development Block Grant – Disaster Recovery (CDBG-DR) program
Earthquake-related: $595 million from FEMA

COVID-19-related: About $14 billion from various federal programs, including CARES Act

Update on Debt Restructuring

Puerto Rico cannot afford to meet its current contractual debt obligations. Natural disasters and the pandemic, on top of a decade-long recession left Puerto Rico with substantially diminished resources and capacity.
In March 2020, the Oversight Board asked the U.S. District Court to pause the process of the restructuring of Puerto Rico’s debt. The Oversight Board has analyzed the effect of COVID-19 on the economy, and in November 2020 authorized the commencement of negotiations with creditors and other parties for an amended Plan of Adjustment for the Commonwealth.

Destructive Capitalism Comes to Puerto Rico by Martín Guzmán & Joseph E. Stiglitz

Mario Tama/Getty Images

Nov 15, 2018 Martin Guzman
and Joseph E. Stiglitz

NEW YORK – More than a year has passed since Hurricane Maria devastated Puerto Rico, deepening the agony of a commonwealth already in a downward economic spiral. In addition to the immigration crisis, the island was looking for something that in May 2017 effectively protected from bankruptcy. Under the US-approved Puerto Rico Supervision, Governance, and Economic Stability Act (PROMESHA), a federal oversight commission now oversees its finances. nine0005

While Hurricane Maria was a tragedy, it also created an opportunity to rewrite the flawed financial plan that was approved by the oversight committee in March 2017. This plan was to restore the economic health of the island, as well as provide money to creditors who demanded repayment. But the plan is projected to further dampen economic activity without providing a proper basis for calculating the amount of debt restructuring Puerto Rico needs.

Unfortunately, the opportunity to align the economic ship Puerto Rico was not used. On the contrary, the control board recently approved a new financial plan and a deal with Puerto Rico Private Equity Corporation (COFINA) bondholders that could put the island in a debt straitjacket indefinitely.

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Writing for PS since 2014
16 Commentaries

Martín Guzmán is a former minister of economy of Argentina.

Writing for PS since 2001
317 Commentaries

Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, is a former chief economist of the World Bank (1997-2000), chair of the US President’s Council of Economic Advisers, and co-chair of the High-Level Commission on Carbon Prices. He is a member of the Independent Commission for the Reform of International Corporate Taxation and was lead author of the 1995 IPCC Climate Assessment.

PROMESA’s Dangerous Premises

Michele Eve Sandberg/Getty Images
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https://prosyn.org/bJhu9lIru

Puerto Rico’s debt restructuring plan developed by Jaresko approved

14:57 04.02.2022

economy

USA

Puerto Rico

National debt

Natalia Yaresko

Former Finance Minister Natalia Yaresko is stepping down as Executive Director of the Financial Management and Control Board for Puerto Rico effective 1 April.

According to LIGA.net, the council was created to restructure more than $70 billion of Puerto Rico’s public debt, and Jaresko took over in 2017.

“I am leaving the Council at a time of recovery and stability. I am confident that the path that has brought us to this important milestone will lead Puerto Rico to further growth and prosperity,” she said. nine0005

A federal judge approved a plan to restructure part of Puerto Rico’s public debt. The plan cuts part of the $33 billion debt to $7 billion, reducing annual payments to holders of the territory’s government bonds to $1.15 billion.

In August 2015, the authorities of Puerto Rico announced the first (and not the last) default on government bonds issued by that time for a total of $73 billion. US financial assistance. nine0005

Puerto Rico is under the jurisdiction of the United States on the rights of self-government, has the status of an «unincorporated organized territory», which means that it is not directly part of the United States, but the supreme power there belongs to the American Congress, and the effect of the US Constitution is limited.

The Territory defaulted after the US government did not approve a bailout plan.

Instead, a special law was passed in 2016 that created the Financial Conduct Authority and approved the Puerto Rico debt restructuring mechanism through the U.S. Federal Court’s oversight system. nine0005

The Board was responsible for overseeing all of Puerto Rico’s debt reviews. He also regulated drastic cuts in government spending.

Jaresko won the competition for the post of head of the Council among 300 applicants.

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Plan for puerto rico: Plan a Three-Day Trip to Puerto Rico