Higher Goods And Tourism Exports, Aid Inflows Will Keep Puerto Rico's Current Account Surplus Wide

• Fitch Solutions forecast Puerto Rico’s current account surplus will widen in Fiscal Year 2022 (FY2022; July 2021-June 2022) due to a rebound in exports and federal aid inflows. 
• Fitch forecast the surplus will reach 17.8% of GNP in FY2022, up from an estimated 11.5% in FY2021 and notably wider than its regional peers. 
• The agency expects surpluses will persist over the long term, due to billions of dollars of federal aid that the US territory is slated to receive in the coming decade.

(Source: Fitch Solutions)