Economic Development

Foreign Trade for Non-State Sector Expands

Over 1,900 contracts have been signed by non-state sector and state-owned import/export companies since the regulations supporting these activities came…

4 years ago

Cuba Defines Economic Priorities to 2026

At the conclusion of the 8th Congress of the Cuban Communist Party (PPC) (April 16 - 19), Cuba's government defined…

4 years ago

PCC 8th Congress – the Economy is on the Agenda

The Cuban Communist party (PCC) meets for its 8th congress, which starts today and runs until April 19. The economy…

4 years ago

New Entities to Conduct Foreign Trade for the Private Sector

Four new entities get the go-ahead to conduct foreign trade for the private sector, confirmed by a recently published modification…

4 years ago

Job-Seeking Cubans on the Rise

Since Day Zero of the new economy of Cuba, January 1, more than 126,938 Cubans have applied for jobs as…

4 years ago

New Private Sector Jobs to Boost Employment and the Economy

On February 6, Cuba's Council of Ministers approved the expansion of the list of allowable types of private sector jobs…

4 years ago

Cuba Announces the Expansion of the Small Business Sector

In a move to stimulate the economy and create employment, Cuba has announced the expansion of the small business sector…

4 years ago

Imports and Exports Business on the Increase

Imports and exports are on the increase in Cuba. By mid-January, 4,450 private entities had approached exporting and importing companies,…

4 years ago

Cuba’s GDP Contracts by 11%

Cuba's Gross Domestic Product (GDP) contracted by 11% in 2020 due to the COVID-19 pandemic and hardening of U.S. sanctions…

5 years ago

Cuba Reaches Agreement with the Paris Club

The Paris Club, a financial organization consisting of officials from 22 developed creditor countries, has reached an agreement for a…

5 years ago