One week after the distribution plan was approved and the disbursements of the third Economic Impact Payment of $ 1,400, The Secretary of the Department of Finance (DH), Francisco Parés Alicea, Reported that they have been sent $ 2.2 billion to 937,288 families, Exceeding the projected.
“Disbursements are accelerating and on the day of today we have already completed 53% of the payments, This exceeds what we had planned. We advance that we could complete the 70% in four or five weeks and we hope to surpass that figure in three weeks. We are sending an average of 200,000 daily payments from Monday to Friday and we will continue at this pace for the next few weeks, until the process is over, ”the official said.
To make the disbursements, the Department is using the information of the taxpayers of the 2020 and 2019 Payroll, if they have not yet settled. In the case of people who are not required to file a return, the information on the alternate form they submitted last year is being used to receive the first two incentives of $ 1,200 and $ 600, respectively.
Parés Alicea clarified that the federal aid disbursement agenda does not interrupt sheet processing nor the payment of refunds from the contributory cycle for the year 2020. “Last week they were sent close to $ 34 million in refunds of approximately 40,000 Contribution sheets on Income of Individuals and we will continue to work in parallel with the two projects “, he added.
On the other hand, the secretary received a visit from the governor today Pedro Pierluisi Urrutia, To make a tour of the Area of Information Technology and the Project of the Unified Internal Revenue System (SURI), from where the distribution of the new economic stimulus is worked.
Parés Alicea said that this plan reaches $ 3.5 billion, and is expected to impact approximately 2.6 million Puerto Rican residents.
Pierluisi met with Secretary Parés Alicea and his team, who presented him with the Department’s Strategic and Operational Plan, which includes the goals in development, including the implementation of fiscal policies, the transformation of accounting programs and service innovation.
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