Cuban economy: mirror of impatience

The process of the updating of the economic model is immersed in basic policies and is revealing more ambitious aims. Though it has achieved still not very visible results, it is generating reactions abroad.

Will the Cuban economy be able to grow more than four per cent in 2015? The question is inevitable after a triad of years of slow down, to the point of reaching a level of stagnation in 2014: a gross domestic product (GDP) growth of 1.3 per cent. Despite the transformations undertaken since seven years ago, and better programmed starting 2011, the economy is still not showing signs of an expected reaction. But the gradual accumulation of measures, some profound, others frankly cautious, introduce new rules of the game in sensitive areas and tend to change the scene increasingly more radically. Leer más


Cuba promotes trade at home

With the 4th Business Fair, the Cuban Economy Ministry is encouraging local enterprises to seek and plan market alternatives inside the country.


Women shoemakers hope to form cooperative

The initiative is facing bureaucratic obstacles they are fighting to overcome.


Russian oil returns to Cuba

A contract signed between the Russian Rosneft Oil Company and Cubametales is expanding the range of Cuba’s energy allies.


Tourism and culture alliance

Cuba’s International Tourism Fair placed its banners in a province with ambitious growth plans, which has its sight set on the local cultural heritage among its strengths.



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