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14
September Sunday

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 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.

The Cuban Economy and Planning Ministry approved 98 new micro, small and medium business applications.

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.

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.

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.

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.

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.

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 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.

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.

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