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LatinNews Daily - 18 December 2020

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In brief: Cuba’s GDP projected to slump

* Cuba’s economy minister Alejandro Gil has said that the government expects the country’s GDP to shrink by a total of 11% in 2020 as a result of the strong contraction in foreign trade and the reduction in international tourism as a result of the coronavirus (Covid-19) pandemic. This is higher than the 8.5% contraction forecast for Cuba by the United Nations Economic Commission for Latin America and the Caribbean (Eclac), released earlier this month.