Puerto Rico General Government Net Lending/Borrowing, LCY Billions. Units: National currency. Multiplier: Billions. Estimates begin after 2015 . This data is sourced from www.opendataforafrica.org where it is offered under an open data licence (www.opendataforafrica.org/legal/termsofuse). Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. Source: Government Development Bank of Puerto Rico; and Fiscal and Economic Growth Plan Latest actual data: 2014/15 Fiscal assumptions: Fiscal projections are based on Puerto Rico Fiscal and Economic Growth Plan (FEGP) that was prepared in 2015 pursuant to Governor Padilla?s executive order, with subsequent further updates on debt data in 2016. In line with assumptions of this plan, IMF p Start/end months of reporting year: July/June GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual. IMF calculations are based on an accrual basis, whereas authorities' calculations are based on a cash basis. General government includes: General government is defined as all general governmental entities, excluding Puerto Rico Electric Power Authority (PREPA) and Puerto Rico Aqueducts and Sewers Authority (PRASA). General government entities include the General Fund, Puerto Rico Infrastruc Valuation of public debt: Current market value. Data for public debt have been provided by the authorities. The definition of government for public debt data excludes PREPA and PRASA and includes all other entities of general government in fiscal accounts. Primary domestic currency: U.S. dollar.