Cuba sees hints of recovery, announces "audacious" measures to tame inflation

Summary by Ground News

Cuba saw a 38% increase in exports in the first quarter, boosted by the rising price of nickel. But the price Cuba paid for imported goods jumped by nearly $700 million. U.S. sanctions and soaring food and fuel prices, in part due to the Russian invasion of Ukraine, put Cuba's recovery at risk.

Cuba sees hints of recovery, announces "audacious" measures to tame inflation

8 days ago

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Reuters

Cuba sees hints of recovery, announces "audacious" measures to tame inflation

8 days ago·United Kingdom

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IBTimes

Cuba Sees Hints Of Recovery, Announces "audacious" Measures To Tame Inflation

Cuba?s ailing economy has begun to recover in some sectors after two years of pandemic-induced contraction but soaring global prices for food and fuel require "audacious" measures to tame inflation, economy minister Alejandro Gil told Cuban lawmakers on Saturday.

8 days ago·United States

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Financial Post

Cuba sees hints of recovery, announces 'audacious' measures to tame inflation

HAVANA -- Cuba´s ailing economy has begun to recover in some sectors after two years of pandemic-induced contraction but soaring global prices for food and fuel require "audacious" measures to tame inflation, economy minister Alejandro Gil told Cuban lawmakers on Saturday. Read More

8 days ago·Canada

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Devdiscourse

Cuba sees hints of recovery, announces "audacious" measures to tame inflation

Cuba´s ailing economy has begun to recover in some sectors after two years of pandemic-induced contraction but soaring global prices for food and fuel require "audacious" measures to tame inflation, economy minister Alejandro Gil told Cuban lawmakers on Saturday. Gil said Cuba saw a 38% increase in exports in the first quarter, boosted by the rising price of nickel, a top mineral export.

8 days ago

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