Thursday, April 8, 2010

Cuba's economy.. blog #13

Marino Murillo, Cuban Economy and Planning Minister said this Friday in Havana that Cuba began 2010 with better organization over the previous year, although the international situation remains tense.Speaking to the press after a meeting with representatives of the National Association of Economists and Accountants of Cuba (ANEC), Murillo called to work smarter, with organization and creativity, as the challenges continue to be huge and complex. Murillo said that only by producing material goods the country can move forward.After reiterating that the GDP will increase this year, the Minister said that growth must be accompanied by sustainable development.

Murillo stressed on the need for Cuba to ensure the expected income to address problems, as requested by the Cuban President Raúl Castro, speaking last December before the National Parliament Assembly.
On the policy followed by the Cuban government toward foreign investment, the Minister stressed that there are well defined legal regulations and explained that the doors remain open to those who can provide market, finance and technology.
Murillo underscored the valuable contribution can make economists and accountants all over the country regarding the search for solutions to the problems of the nation, such as export promotion and substitution imports.

If Cuba keeps making these improvements from my pint of view, this will be a great year for them. Every time i read something about Cuba and the economy, the plans are great. Well have to wait and see if it all works out. The plans so far are very prosperitive which i think is amazing for them but you never know with these people how everything could end. If the GDP is increasing this year that's even better for them. All the struggle the Cuban people go through is very sad and this could help them live a little better if the government does not keep all the money like always and actually think about helping the people and increase the money and construction in towns. Hopefully everything will work out for the best. electronic devices and technology is always a plus in a country's economy and if Cuba acquire all these new materials to work with , it will definitely help them a lot.

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