Cuba will have a plan for the economy that will favor its recovery

Edited by Ed Newman
2022-12-13 05:47:42

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Gil Fernandez said that by 2023 a growth in agricultural production is planned and more than 30,000 new houses are planned. Photo: Marcelino Vázquez

Havana, December 13 (RHC)-- Cuba's Deputy Prime Minister and Minister of Economy and Planning, Alejandro Gil Fernández, said Monday that by 2023 the country will have a Plan for the Economy aimed at gradual recovery, based on the reactivation of national productive capacities and the attraction of foreign currency that guarantees a gradual and sustained increase in the supply of goods and services.

In the presentation of the objectives and goals for the coming year before the National Assembly of People's Power (Parliament), the Minister mentioned among them, to advance in the macroeconomic stabilization of the nation and consolidate the reconstruction of the foreign currency allocation mechanism, through the diversification of the access mechanisms. 

"They are also to continue advancing in the recovery of capacities of the national electro-energy system, in the reduction of inequalities, and in the integral transformation of the socialist state enterprise, as well as consolidating the process of decentralization of competences to the territories", he said.

Gil Fernandez mentioned among the goals for the coming calendar to increase exports 1.037 billion above the estimate for 2022, and to reach 3.5 million international visitors, more than double what was achieved in the current year.

He warned that the increase in the prices of products in the international market will have an impact on the cost of the standard family basket, which generates imported inflation.

He added that for 2023 a growth of agricultural productions is planned, more than 30 thousand new houses are projected, as well as important investments in the energy sector and in the leisure industry, in which 10 hotels are expected to be finished, with 3 thousand 147 rooms.

After a 2022 in which there were 480 state-owned companies with losses, by next year the figure will be reduced to only 83, and on the other hand, about four thousand new economic actors should emerge.

Speaking at the X Session of the National Assembly, in its IX Legislature, with headquarters in the capital's Palacio de Convenciones, Gil Fernández affirmed that there must be an improvement in the national drug program and resources for the development of science are supported.

"With these levels of activity we are designing a Gross Domestic Product growth of three percent at constant prices, which would maintain the upward pace to reach the levels of before the COVID-19 pandemic," he said.



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