During the Second Ordinary Session of Parliament and with Army General Raúl Castro Ruz and President Miguel Díaz-Canel present, Alejandro Gil Fernandez, Cuba’s deputy prime minister and Minister of Economy and Planning, remarked that the 3% GDP growth for 2023 proved to be an impossible target due to the lack of foreign currency and fuel.
Cuban Economy could Take off Next Year
Cuban Economy Minister Alejandro Gil said on Monday that after the country’s GDP decreased in 2023, the local economy could eventually begin to take next year, for which goals and objectives have been designed.
Cuban parliamentarians advocate for the role of economic actors in territorial development
The Cuban deputies in the Commission for attention to the services of the National Assembly of People's Power called today for greater participation of new economic actors in the development of the territories where they are located, in the presence of Manuel Marrero Cruz, Cuban Prime Minister.
New MSMEs Join Cuban Economy
The Cuban Economy and Planning Ministry approved 98 new micro, small and medium business applications.
Havana to host 3rd Trade Convention Cuba 2024
The Ministry of Domestic Trade ( MINCIN by its Spanish acronym) invited today organizations, entities, universities and economic actors to participate in the 3rd Trade Convention Cuba 2024, to be held July 8 to 12 at the Havana Convention Center and at the Pabexpo fairgrounds as a sub venue.
Cuban medium-sized private company offers innovative electric car recharging service
The medium-sized private company Durkal, in the eastern province of Las Tunas, is getting ready to implement the electric car recharging service, a novel proposal that comes to complement the management of the enterprise, which is already established with more than a decade of work in this province.
Cuba appreciates Mexico's delivery of agricultural inputs
The first vice minister of foreign trade and foreign investment, Ana Teresita Gonzalez, thanked through the social network X the Government of Mexico and the Mexican Agency for International Development Cooperation for their contribution to agriculture in Cuba with the donation of tractors and agricultural inputs, Cubadebate reported.
Cuban eastern company launches new product
The Engineering and Technical Sugar Services Enterprise (Tecnoazucar) of Las Tunas launched a new product as a result of the exploitation of the Feed Mill that the entity owns and the desire to enter the market to obtain a high economic and social impact.
Sevilla Habana, First Affiliated by Melia Hotel in the Caribbean
Spain’s giant Melia Hotels Company has opened a hotel in the heart of Havana: Sevilla Habana Affiliated by Melia Hotel.
Inflation slows down in Cuba, economy minister states
Retail inflation in Cuba last November was 2.29 %, lower than in the same period of the previous year, when it reached 4.11 %, informed Alejandro Gil Fernandez, Cuba's deputy prime minister and head of economy and planning.
New Chinese e-commerce store begins operations in Cuba
The Cuban Chamber of Commerce reported today on the opening of the e-commerce store Dofimall, of the Chinese company Picla, in alliance with the Cuban company Desoft Aplicaciones Informaticas, with more than 6,000 products online.
Use of Russian MIR cards in Cuba is running without difficulties
Greicher La Nuez Gambino, general director of Payment Services (RED S.A.), assured that so far operations with Russian MIR cards are running smoothly at the Point of Sale (POS) terminals and no complaints have been received for failed operations.
Cuban VP checks economic programs in central Cuba
Cuban vice president Salvador Valdés Mesa visited a number of economic programs in the province of Villa Clara linked to agriculture and tobacco—two of the country’s main staples—including a cattle and poultry farm attached to a sugarcane entity.
Cuba promotes the impact of design on the economy and society
On the basis of a National Design System that directs, manages and controls the activity of Industrial Design and Visual Communication, Cuba promotes a greater impact of this activity in the economic and social spheres.
Joint venture in coffee production established in eastern Cuba
The first joint venture of the Cuban Agroforestry System, BioCuba Cafe S.A., was established in the province of Santiago de Cuba for the production of certified organic coffee.