Cuba Ron Distribuidora received today the Most Efficient and Productive Collective status, at the Solidarity Hall of the Habana Libre Hotel in Havana.

Cuban economy counts on 11 thousand 350 new micro, small and medium companies, along 71 cooperatives, including 11 thousand 46 private businesses, 233 state-run companies.

The preliminary draft of the Policy for the Law of the Socialist State Enterprise will be analyzed today by the Permanent Working Commissions as a preview to the 3rd Ordinary Period of Sessions of the National Assembly of People's Power (ANPP) in its 10th Legislature.

 Increasing the local food output to meet the people’s demands and securing the export-derived income program are top priorities for the second half of 2024 in Cuba.

The negative impact caused by the economic, commercial and financial blockade imposed by the United States on Cuba, in the specific case of the construction sector, is very strong, said Liana Maria Sosa Hernandez, director of the company in this city.

A number of enterprises in the province of Holguin are already applying the postulates of circular economy, one of the guidelines underpinning a local governance system based on science and innovation.

A mini-plant with the capacity to process 100 pots of ice cream in eight hours is being built as part of the socio-economic impact works being carried out in the municipality of Vertientes in the Cuban central-eastern province to celebrate the National Rebelliousness Day.

A group of products highly in demand among the Cuban population, and imported by economic actors, will have from today regulations on their maximum retail prices, by allowing them up to 30 % of commercial margin of profit.

The limitations for the manufacture of wheelchair rubber systems stand out among the effects of the economic, commercial and financial blockade of the United States against Cuba on the social integration programs for school-age children in the Cuban eastern province of Holguin.

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.