Articles of Economy

News »

President Díaz-Canel visits major works underway in Mariel Special Development Zone

Canel Mariel

The President of Cuba’s Councils of State and Ministers, Miguel Díaz-Canel Bermúdez, reviewed work underway at the Biotechnology Industrial Complex, the largest project within the Zone, where latest generation products will be manufactured.

News »

Cuba Aims to Exceed Five Million Visitors in 2019

turismo

Cuba intends to close 2019 with 5.1 million foreign visitors, representing its twelfth year of growth, predicted Tourism Minister Manuel Marrero.

News »

Cuban Economy in 2019: to Increase Efficiency and Productivity

Mariel

The Cuban Government expects a 1.5 percent increase in the Gross Domestic Product (GDP) in 2019, with slight recovery of the sugar industry and better performances in other areas such as construction, transportation and communications.

News »

2019 Economic Plan: Objective and realistic

Canel planificacion

As of the end of 2018, the Cuban economy will show growth slightly more than 1%, “but that growth, although discreet and still without the impact we need for the population, is meritorious given the conditions in which it was achieved, without deficit in our running accounts, as a result of measures taken, especially in the second half of the year”

News »

Cuba: A U.S. obsession

Cuba Bloqueo

Cuba has, for years now, been a recurrent theme on the agenda of the many U.S. administrations that have passed through the White House. The same phrases are repeated and the rhetoric is the same, and while bilateral relations had improved briefly, the Trump government has done away with that progress, almost entirely.

News »

ViMariel S.A. – economic relations between Cuba and Vietnam advance

Mariel

As is to be expected of an area planned for growth, over the past two years, the Mariel Special Development Zone Office has begun to identify and invite international companies with experience and ability to participate in construction of infrastructure in some areas of its Sector A.

News »

The economic battle continues to be our principal task

Consejo ministros

The President of Cuba’s Councils of State and Ministers, Miguel Díaz-Canel Bermúdez, reiterated during a recent Council of Ministers meeting that the Revolution’s main task continues to be the economic battle, given the impact it has on the Cuban people’s wellbeing.

News »

Legal norms governing self-employment modified

Trabajo cuenta propia

Over the last eight years, self-employment in Cuba has continued to expand, from approximately 157,000 workers in 2010 to 589,000 in 2018, currently representing 13% of the country’s workforce.

News »

Important socio-economic issues on Council of Ministers agenda

Reunio Consejo Ministros

Cuban President Miguel Díaz-Canel Bermúdez led a meeting of the Council of Ministers October 30, addressing issues related to economic and social affairs of the nation, including foreign investment, taxes, the state of accounts payable and receivable, progress of the Economic Plan,

News »

Cuba & China: distant geographically, close in ideas

Canel China

The Cuban and Chinese people know well the meaning of the friendship and mutual respect they have shared for years. Thus it was no surprise to hear Cuban President Miguel Díaz-Canel Bermúdez say that he felt “at home” here.