The Office of the Comptroller of Puerto Rico issues a favorable opinion on the fiscal operations of the Puerto Rico Institute of Statistics

Announcements
IEPR
22 December 2025

The Office of the Comptroller of Puerto Rico issues a favorable opinion on the fiscal operations of the Puerto Rico Institute of Statistics

“The tests carried out and the evidence in our possession revealed that the operations of the Institute subject to this Report were carried out, in all significant respects, in accordance with applicable law and regulations.”

“The Report comments that since the Institute of Statistics was created in 2003, the Legislature has not allocated the budget for the special fund contrary to Law 209-2003 which establishes an allocation of $2,000,000 as an initial item to finance projects for methodological improvements or statistical products. As of May 28, 2021, the Institute had not received the allocation for the special fund.”

“This situation prevented the Institute from updating Puerto Rico's Gross Domestic Product (GDP) methodology. This measurement of GDP is necessary for the Federal Government to integrate the measurement of Puerto Rico's economy, as required by the Report by the President's Task Force on Puerto Rico's Status of March 11, 2011 under the presidency of Barack Obama.”

Source:

AUDIT REPORT DA-22-06

More information at:

https://www.ocpr.gov.pr/... /auditor-report-of-22... /

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