HAVANA Cuba is on the verge of the most dramatic restructuring of its government in decades as popular criticism and frustration with a sluggish economy and bureaucracy mount.
HAVANA Cash-strapped Cuba plans fresh austerity measures and will pressure the sluggish bureaucracy to tighten its belt and cut red tape to address weak growth, falling export earnings and rising debt.
HAVANA, Dec 24 After suffering from weather
damage last year and into 2018, Cuban sugar production is
expected to increase significantly in the current season now
getting underway, a government minister said, but will still
fall short of production and export totals from two years ago.
HAVANA Cuba's economy grew 1.2 percent in 2018, below the government's forecast, and is expected to expand 1.5 percent in 2019 despite falling export revenues and continued austerity measures, the communist-run country's economy minister said on Friday.
HAVANA U.S. legislation funding $867 billion in food and agriculture programs scheduled to be signed by U.S. President Donald Trump this week includes Department of Agriculture funds to help American farmers promote their products in Communist-run Cuba.
HAVANA, Dec 18 U.S. legislation funding $867
billion in food and agriculture programs scheduled to be signed
by U.S. President Donald Trump this week includes Department of
Agriculture funds to help American farmers promote their
products in Communist-run Cuba.
HAVANA Cuba's economy will grow next year at about the same sluggish 1 percent pace it did in 2018 and an austerity program begun in 2016 will continue, the country's economy minister said on Sunday, according to state-run media.
HAVANA U.S. travel to Cuba is bouncing back a year after Hurricane Irma and the Trump administration delivered a one-two punch to visits by Americans to the once-forbidden island, according to data from the Cuban Tourism Ministry.
HAVANA Representatives of U.S. agribusiness, the farming lobby and related industries opened a three-day conference in Cuba on Thursday aimed at increasing sales and cooperation with a country that the administration of U.S. President Donald Trump has repeatedly lambasted and promised to tighten sanctions on.
HAVANA Communist-run Cuba’s economic growth will come in at around 1 percent this year, compared with the 2 percent previously forecast, due to a fall in exports and tourism revenue, state-run media reported over the weekend.