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LatinNews Regional Monitor: Caribbean & Central America - 09 July 2018
Cuba: Economic growth deemed “acceptable” in the first half
The first deputy minister for Economy & Planning, Alejandro Gil, described the economy’s performance as “acceptable” in the first half of 2018 in a presentation to the Council of Ministers in mid-June. This came despite significant external and domestic headwinds, including the impact of import restrictions, a sharp drop in the sugarcane harvest and – although he did not mention it specifically – ongoing reductions in cheap oil import from Venezuela.
