Cuban Deputies Analyze National Economic Performance

NYC Havana Blog

The members of the Economic Affairs Committee at the National Assembly of People”s Power of Cuba (Parliament) analyzed today the performance of the national economy in the first half of 2016.

Minister of Economy and Planning, Marino Murillo Jorge explained that the results of the sector in that period are marked by a complex context with the fall of oil and nickel prices as well as the income in general terms, which caused a lack of liquidity.

In this sense, the minister stated it is necessary to save the cash especially in the case of energy carriers, as the use of which, he said, is essential to be increasingly efficient.

Despite the situation, the government considers it is essential to avoid affecting the residential sector as well as the basic services to the population, said Murillo; who also emphasized the need to maintain internal monetary balance and not allow payments…

View original post 106 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: