The Cuban National Assembly of People’s Power (Parliament) approved the country’s Economic Plan and State Budget for the year 2022 during the 8th Session of its 9th Legislature and in the presence of Army General Raul Castro and President Miguel Diaz-Canel.
State budget provisions indicate a gradual recovery of the Cuban economy
The 2022 State Budget takes into account the gradual recovery of the Cuban economy in the basic levels of activity, in a complex scenario in which the tightened economic, financial and commercial blockade of the U.S. government and the effects of the world economic crisis produced by the COVID-19 persist.
Cuba estimates 4 % growth in GDP in 2022
Cuba plans to continue with a gradual economic and social recovery in 2022, with a growth of the Gross Domestic Product (GDP) at constant prices around 4%, Deputy PM and minister of economy and planning, Alejandro Gil Fernandez, informed today at the plenary session of the National Assembly of People's Power.
Cuban MSME offers exclusive services in the country and the Caribbean
The micro, small and medium-sized private enterprise (MSME) EMJERCI, located in the city of Camaguey (central Cuba), is an example of the possibilities of this kind of business development for the Cuban economy.
Cuban first bioelectric power plant shows encouraging results in testing phase
The 2,018 megawatt-hours generated in five days by Cuba's first bioelectric plant in its test phase and synchronization with the Ciro Redondo sugar mill, which also tested its technology, covered one fifth of the Ciego de Avila province´s daily energy consumption.
Cuban Women Play Important Role in their Country’s Public Policies
The Cuban women’s role in the implementation of the programs adopted by the country regarding public policies was well ratified at the 14th National Gathering of Economist and Accountant Women, underway in this eastern Cuban city.
Jardines de la Reina National Park wins Blue Park 2021 Award
The Blue Park Award was granted for the first time to a protected marine area in Cuba: the Jardines de la Reina National Park, located south of the provinces of Ciego de Avila and Camaguey, in central Cuba.
Cuban central province in final phase for beginning of sugarcane harvest
The preparations for the start of the 2021-2022 sugar harvest in the province of Sancti Spiritus are in the final stage, executives of the sugarcane sector in that central province told the Cuban News Agency.
Fourth Ibero-American Summit on Accessible Tourism wraps up in Havana
The IV Ibero-American Summit on Accessible Tourism concluded today with the signing of the Havana Declaration, where Cuba publicly and officially expresses its willingness to collaborate in all actions that can lead to a truly accessible and inclusive tourism.
Cuba presents its economy plan at the 3rd Plenary Session of the Communist Party
Cuban eputy PM and minister of economy and planning (MEP), Alejandro Gil Fernandez, presented today the nation's Economy Plan, during the 3rd Plenary Session of the Central Committee of the Communist Party of Cuba (CC-PCC), which is being held in Havana, Cuba's capital.
Cuba presents in France opportunities for investment in the Caribbean island
Cuban minister of foreign trade and foreign investment (MINCEX by its Spanish acronym), Rodrigo Malmierca, updated French businessmen on Cuba's economy and the opportunities for investment and trade operations with the island.
Cuban Telecommunications Company to provide services to micro, small and medium-sized companies
As of December 15, the Cuban Telecommunications Company S.A. (ETECSA by its Spanish acronym) will begin to offer telecommunications services to micro, small and medium-sized enterprises (MSMEs).
Cuba accesses potential to improve its position in the Global Innovation Index
Specialists from research centers, entities and national organizations debated on Thursday in Havana how much can be done to place Cuba in better positions worldwide in the Global Innovation Index (GII), despite the impact of the U.S. blockade and the fact that some indicators are typical of developed nations.
Construction company in a central province of the country made significant investments in 2021
The Industrial Works Construction Company #6 (ECOI 6), in the province of Cienfuegos, carried out relevant investments in important economic centers in Cuba during 2021, with an overfulfillment of 112 % of the annual plan.
Cuba and Eurasian Economic Union strengthen ties
With the aim of strengthening bilateral relations, Cuban deputy prime minister and minister of economy and planning, Alejandro Gil Fernandez, received on Wednesday Mr. Serguei Glasiev, minister of integration and macroeconomics of the Eurasian Economic Commission.







