Articles of Economy

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Cuba has not renounced economic growth of approximately 6%

Cuba industria desarrollo

Despite the ravages of the blockade and the impact of COVID-19, Cuba has not renounced economic growth of approximately 6% in 2021, reported Alejandro Gil Fernandez, deputy prime minister and head of Economy and Planning, in an update on the economy’s performance in the first four months of the year. He pointed out that the Gross Domestic Product declined in 2020 on the order of 11%.

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Havana Leather Company THABA keeps unstoppable pace

Maria-Eugenia-Martinez

Havana Leather Company THABA, leader in domestic market and focused on productive linkages with other centers and in pursuit of import substitution, started this year at a good pace. Despite of being hit by the economic, commercial and financial US blockade against Cuba for more than 60 years, affected by the Covid-19 pandemic and blocking of the delay of some materials, THABA fulfilled its first quarter plan.

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Sovereignty, self-determination and independence are not on the table

Canel PCC

Party work to support meeting objectives that are key to the country’s future was the focus of discussion during working meetings held in Ciego de Avila and Camagüey, chaired by Miguel Diaz-Canel Bermudez, first secretary of the Communist Party of Cuba Central Committee and President of the Republic. The goals addressed iincluded making progress on strategic programs, including monetary re-ordering, confronting COVID-19, consolidating unity within the party ranks, and developing a systematic approach to the public agenda in the media and knowledge of history.

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Cuba temporarily suspends cash bank deposits in U.S. dollars

mesa redonda

As a result of measures associated with the asphyxiating U.S. blockade of our country, the Central Bank of Cuba announced the temporary suspension of cash deposits of U.S. dollars in Cuban banks, as of June 21, 2021. “This is a measure meant to protect the Cuban banking and financial system, which applies only to U.S. currency in cash, not existing accounts in this currency. Deposits of U.S. dollars in accounts held by individuals and legal entities are not affected by this measure in any way,” the Central Bank announcement states.

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Masks and swabs made in Cuba

Cuba mascarillas

Young faces can be seen behind the protective shields and face masks of workers also wearing gloves, white or blue gowns and cloth booties. The hygiene protocol is strict, because they are watching over the humming automatic equipment that produces 40 face masks a minute. Between 14,000 and 16,000 of these items are produced here every day.

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Díaz-Canel receives Kenyan Minister of Health

canel kenia

President of the Republic of Cuba Miguel Díaz-Canel Bermúdez yesterday afternoon received Minister of Health of the Republic of Kenya His Excellency Mutahi Kagwe, who is conducting a working visit in our country. During the cordial meeting, both leaders highlighted the positive state of relations shared by the two countries and welcomed the recent signing of agreements for the provision of health care services, as well as the training of doctors from that African nation in Cuba.

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Domestic industry produces cell phone towers

trabajadores Cuba

One of the guiding objectives of the Informatics, Communications and Electronics Industrial Enterprise (Gedeme) is to create production chains and alliances to achieve greater productivity, while substituting imports, promoting innovation and taking advantage of the potential of national industry. Progress on these goals was advanced recently with the launching of a project to manufacture 50 towers for mobile phone service.

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Mini-industries key to making the most of production

Cuba industria

Since the Agricultural Enterprise Group (GAG) affiliated with the Ministry of Agriculture was established five years ago, this entity’s policy has been to prioritize the development of its entire enterprise system, with the creation of agro-industrial companies, to close the production cycle with the highest possible value added to agricultural produce. Leonardo Martínez López, GAG director of Industries and Marketing, commented on the effort in a meeting with the press revisiting the process.

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The Party increasingly involved in all processes

cuba agricultura

The Party must be increasingly closer to and involved in all processes, in both the production and service arenas. The route to making life more similar to what we want is through our ties with the people, and untapped potential exists, stated Roberto Morales Ojeda, Party Political Bureau member and secretary of Organization and Cadre Policy. Speaking on the Mesa Redonda television program, focused on Party efforts giving continuity to agreements reached at its 8th Congress.

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We must maintain the Party’s authority based on the prestige we earn with our work

Canel Artemisa

The essential point emphasized at meetings of the Party Central Committee Secretariat, led by First Secretary Miguel Díaz-Canel Bermúdez and Roberto Morales Ojeda, secretary of Organization and Cadre Policy, with leaders in the provinces of Pinar del Río and Artemisa, was that the guidelines, ideas, concepts and agreements of the Communist Party of Cuba 8th Congress must be incorporated into regular work at all levels, as will be discussed in meeting of this type across the country.