As Puerto Rico emerges from a drawn-out individual bankruptcy procedure, a federal manage board that oversees the island’s finances declared Wednesday that it will emphasis on increasing the U.S. territory’s economic climate. The board’s new executive director, former New York state spending plan director Robert Mujica, unveiled a new fiscal strategy that will serve as the island’s financial blueprint for the close to long run. It requires that Puerto Rico overhaul its schooling, tax and infrastructure sectors and attract a lot more traders by strengthening its fragile power grid and earning it less complicated to do company on an island identified for its clunky paperwork. FEDERAL Governing administration SHIPS 3…