Cuba forecasts only slight growth rise as crisis grips island


People buy vegetables on the street in downtown Havana, Cuba, November 30, 2022. REUTERS/Alexandre Meneghini/File Photo

HAVANA (Reuters) - Crisis-hit Cuba on Monday forecast economic growth of 3% for 2023 and reported 2% in 2022, half of what it had previously predicted and down 8% from the pre-pandemic level.

This year has proved tough for most Cubans, who had already suffered as a result of two years of pandemic lockdowns, raging inflation and food, medicine and other shortages.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Journalist with Germany's Deutsche Welle detained in Turkey
Ukrainians mourn missing homes and loved ones after four years of war
Exclusive-Ukraine's 2026 defence exports could hit 'several billion dollars', official says
South Korea's ex-President Yoon apologises after life sentence over martial law
Christine Lagarde intends to complete her term at ECB, she tells WSJ
Banner of Donald Trump unfurled at Justice Department headquarters
The former Prince Andrew went from helicopter pilot to trade envoy to royal pariah
Argentina's lower house passes labor reform, sends to Senate for final vote
Alberta plans referendum to wrest control over immigration from Canadian government
How Reuters captured the photo of former Prince Andrew leaving custody

Others Also Read