Search results for: economy minister alejandro gil

Cuba’s Prime Minister Suggests ‘A Government in the Street’ To Look for Solutions to the Economic Crisis

14ymedio, Havana, 23 March 2023 — Some of the country’s top leaders met this Wednesday to confirm evidence: the indicators of the economy are bad. What’s the reason? The embargo. The forecast? The same, 3% growth. Solutions? “Organize a government in the street.” That was one of the suggestions of the Prime Minister, Manuel Marrero, … Continue reading “Cuba’s Prime Minister Suggests ‘A Government in the Street’ To Look for Solutions to the Economic Crisis”

Artificial Intelligence Has Serious Proposals to Develop the Cuban Economy

14ymedio, Yoani Sánchez, Generation Y, 2 January 2022 — One of the diversions that I have given myself for the new year has been interacting with the ChatGPT developed in 2022 by the OpenAI company, and which is promoted as “specialized in dialogue.” On the first day of 2023, I greeted the “entity,” who responded … Continue reading “Artificial Intelligence Has Serious Proposals to Develop the Cuban Economy”

The Cuban Economy Will Grow by 3 Percent in 2023 According to the Government and Barely 1.8 Percent according to ECLAC

EFE/14ymedio, Havana, 12 December 2022 — The Cuban Government hopes that the national economy will grow by 3% in 2023, compared to 2% this year and 1.3% in the previous year, which would not be enough to recover the levels of 2019, prior to the COVID-19 pandemic. The Minister of Economy and Planning, Alejandro Gil, … Continue reading “The Cuban Economy Will Grow by 3 Percent in 2023 According to the Government and Barely 1.8 Percent according to ECLAC”

The Cuban Minister of Economy Declares War on the Informal Exchange Market. Who Will Win?

14ymedio, Elías Amor Bravo, Valencia, 4 August 2022 — Finally, what was promised has been fulfilled. On July 21, Minister of Economy and Planning Alejandro Gil announced in the National Assembly a set of measures that, in his opinion, “within socialism will serve to strengthen the economy.” And yesterday, on State television’s Roundtable program, together with … Continue reading “The Cuban Minister of Economy Declares War on the Informal Exchange Market. Who Will Win?”

Cuba’s Council of Ministers Turns its Back on the Country’s Economic Reality

14ymedio, Elías Amor Bravo, Economist, 30 March 2022 — Cuba’s Council of Ministers has said that “not without tensions, the Cuban economy is reactivated.” And to this the state newspaper Granma dedicates an extensive report, which includes no data to to justify this assertion. We are at the end of March, and we are still waiting for … Continue reading “Cuba’s Council of Ministers Turns its Back on the Country’s Economic Reality”

Stores Trading in Dollars are ‘A Measure of Social Justice,’ According to the Cuba’s Minister of the Economy

14ymedio/EFE, Havana, 8 February 2022 — This Tuesday, Alejandro Gil, Cuba’s Minister of Economy and Planning, defended the opening of stores that operate exclusively in hard foreign currency, arguing that, without them “the country’s economic situation would be even more complex”. Gil told the Cuban News Agency (ACN) that “although many do not see it … Continue reading “Stores Trading in Dollars are ‘A Measure of Social Justice,’ According to the Cuba’s Minister of the Economy”

‘Dollar’ Stores are a Lifeline, Says Cuba’s Minister of the Economy

14ymedio, Madrid, 11 February 2022 — Aware of the annoyance generated by the expansion of stores that take payment only in MLC (freely convertible currency), on Thursday Alejandro Gil, Minister of Economy and Planning, wanted to delve into the defense he made of the stores last Tuesday in an interview with the Cuban News Agency … Continue reading “‘Dollar’ Stores are a Lifeline, Says Cuba’s Minister of the Economy”

Former Government Minister Proposes Floating Exchange Rate to Curb Inflation

14ymedio, Havana, November 9, 2021 — The Cuban government’s top priority is controlling inflation. That is what economics minister Alejandro Gil claimed during an interview on Radio Reloj over the weekend. Gil said the solution lay in increasing the amount of goods and services available at businesses that accept payment in Cuban currency. In a … Continue reading “Former Government Minister Proposes Floating Exchange Rate to Curb Inflation”

‘Our People’ Do Not Want to Return to Capitalism, Asserts Cuban Minister of Economy

14ymedio, Madrid, September 1, 2021 — The ministers of the Government’s economic area, led by Vice Prime Minister Alejandro Gil, appeared on the Mesa Redonda (Roundtable) television program on Tuesday, presumably to give the “Necessary answers regarding the actors of the Cuban economy.” Although little news came out of this tedious exercise, there was time … Continue reading “‘Our People’ Do Not Want to Return to Capitalism, Asserts Cuban Minister of Economy”

Dollar Stores Subsidize Social Justice, Says Cuba’s Economy Minister

14ymedio, December 4, 2020 — Economy and Planning Minister Alejandro Gil Fernandez appeared on Thursday’s “Roundtable” State TV program in an effort to calm the growing popular discontent over hard-currency stores. His words, however, had the opposite effect. The minister’s statements outraged many Cubans, who expressed disagreement on the streets and in social media. Most … Continue reading “Dollar Stores Subsidize Social Justice, Says Cuba’s Economy Minister”

Diaz-Canel Appoints Colonel Manuel Marrero as Prime Minister

14ymedio, Havana, December 21 2019 — The appointment of the Cuban Prime Minister this Saturday was a surprise. Neither female nor mestizo, the man appointed to the new post is a 56-year-old colonel with a beard that recalls the times of the guerrillas who came down from the Sierra Maestra. Manuel Marrero Cruz, the Minister … Continue reading “Diaz-Canel Appoints Colonel Manuel Marrero as Prime Minister”

Cuba’s New Ministers: Obey Blindly or Dare to Innovate

14ymedio, Reinaldo Escobar, Havana, 22 December 2019 — Along with the appointment of Manuel Marrero Cruz as prime minister, the deputy prime ministers were also appointed this Saturday and the holders of six government portfolios were renewed. In total, 19 ministers were ratified in their posts, including the most important, such as the Interior and … Continue reading “Cuba’s New Ministers: Obey Blindly or Dare to Innovate”

Parade of Ministers on Cuba’s Roundtable TV Show Call for Tranquility

14ymedio, Havana, 13 September 2019 — The second appearance of President Miguel Díaz-Canel and several of his ministers on the Roundtable TV show was an exercise in contortionism of the powers-that-be committed to explaining to Cubans that everything is under control and nothing will be affected but all sectors must adjust downwards. Of course, because the … Continue reading “Parade of Ministers on Cuba’s Roundtable TV Show Call for Tranquility”

"Importing is Cheaper Than Producing," Laments Cuba’s Minister of Economy and Planning

14ymedio, Zunilda Mata, Havana, 25 June 2019 — Popular concerns about the worsening economic situation in the country have led the Minister of Economy and Planning, Alejandro Gil Fernandez, to appear on national television on Monday to dispel doubts. “We are not going to have a second Special Period,” said the official, who lamented that “today importing … Continue reading “"Importing is Cheaper Than Producing," Laments Cuba’s Minister of Economy and Planning”

Are Changes to Central Planning Enough to Fix the Cuban Economy?

Elías Amor Bravo, economist, June 18, 2019 — Central planning is the basic tool used by the Castro regime to control the Cuban economy. More specifically, it replaces the market as a tool for allocating resources while at the same time taking private initiative out of the economic decision-making process. Since the establishment of the … Continue reading “Are Changes to Central Planning Enough to Fix the Cuban Economy?”