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14
September Sunday

The recently concluded 4th International Convention Cubaindustria 2024 allowed the Cuban company Weighing Instruments Manufacturing and Services (Pexac) to strengthen its working area aimed at exports.

Francisco Pichon, resident coordinator of the United Nations System in Cuba (UNS), said how much the U.S. blockade and the unjust inclusion of the Caribbean country in the list of states that promote terrorism affect the management of financing for economic, social and environmental projects in the Caribbean nation.

The Council of Ministers of Cuba approved the Global Model and the Government Directives for the design of the Plan of the Economy and the State Budget for 2025, which in contrast to previous years, had among its premises to take as a reference an estimated closing of 2024, and not the approved Plan and Budget of the State.

In the midst of a complex scenario, in which achieving macroeconomic stability in Cuba is essential, the most recent meeting of the Council of Ministers included in its agenda the evaluation of multiple issues that have a direct impact on the achievement of that purpose.

According to Resolution 209/2024 of the Ministry of Finance and Prices (MFP), as of today only prices and tariffs that recognize up to 30 % profit margins in contractual relations between companies, budgeted units and new economic actors will be accepted.

The 19th International Fair EXPOCARIBE 2024 started today in this city with a visit of the heads of official delegations to the Santa Ifigenia patrimonial cemetery to pay tribute to the founding fathers of the Caribbean nation.

Although the figures registered in the first four months of 2024 show an upward trend in tax collection, more effective measures are called for to cope with tax dodgers held liable for debits in the order of almost 820 million pesos in the aforesaid period alone, according to Belkis Pino Hernández, first deputy chief of the National Tax Administration Office (ONAT).

During the tobacco campaign 2024- 2025, which should begin next October, Cuba aims to plant some 22,000 hectares (ha) of the main exportable agricultural product.

Lourdes Castellanos Jimenez, director of international relations, business, foreign investment and institutional communication of the Azcuba Business Group, reported that 16 foreign investment projects are currently being promoted for the modernization of the sugar mills.

Cuba will participate at the Saint Petersburg 2024 International Economic Forum, which will be attended by over 17 thousand representatives of 136 countries of the world.

Cuba is boosting the upgrade of Cuban sugar mills through 16 foreign investment projects, said Lourdes Castellanos, director of International Relations, Business, Investment and Communication of the Azcuba Sugar Conglomerate.

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