Cuba predicts economic growth to exceed forecast

25th Nov 2003

Whilst the battle continues to rage over whether or not Americans can visit the Caribbean island of Cuba, the Cuban government has announced that it expects growth to exceed its forecast of 1.5% for 2003. This has been assisted by such measures as a recovery in tourism and good weather.
Talking to, Economy Minister Jose Luis Rodriguez suggested, “Growth will be higher this year, thanks to higher performance in some areas, such as agriculture, and a favourable international environment.”
The Economic Affairs Committee of Cuba’s National Assembly has made predictions that GDP will certainly exceed the predicted 1.5%. Rodriguez was quick to reiterate that these are only predictions, “That’s their estimate. We have no official figures yet.”



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