Puerto Rico withdraws its candidacy for the 2022 Central American and Caribbean Games. Puerto Rico on Friday withdrew its candidacy for the 2022 Central American and Caribbean Games because it was unsure about completing the $ 70.5 million budget to host the competition. The announcement was made at a press conference by the President of the Olympic Committee of Puerto Rico (CUPOR), Sarah Rosario, with the support of the Sports and Recreation Department-Designated Secretary Ray Quinones, and the Secretary General of the 2010 Foundation, Jorge Sousa. “I am sure we did the right thing. We will not stop dreaming. We always envision the project as an economic investment. We have done everything possible and impossible until the project is implemented,” Rosario said. The decision was made in a meeting with the COPUR Executive Committee in the wee hours of the morning before the deadline set by the Centro Caribe Sports Futures Commission to complete certain requirements to keep a venue nomination valid for the event. Puerto Rico’s Financial Oversight Board has approved $ 50 million subject to federal funds, avoiding spending from the government’s General Budget Fund and administered by the Office of Management and Budget.
