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Cuban government defines priorities for 2023 economic plan

Cuban government defines priorities for 2023 economic plan

Havana, May 27 (Prensa Latina) The Cuban Council of Ministers defined in its most recent meeting the indications to start the process of drafting the 2023 economic plan, it was reported.
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The meeting was headed by President Miguel Díaz-Canel who urged to work with seriousness, responsibility and depth all the elements of the Plan, and to do it as realistically as possible.

A press release from the Presidency of the Republic´s official site points out that the indications approved by the governmental body indicate as priorities the production of food, foreign investment and tourism.

Díaz-Canel insisted on the need to give all possible powers to the business system to diversify production and services to meet the demands of the population, while urging the proposals´ implementation to curb inflation, boost local development and digital transformation.

Prime Minister Manuel Marrero pointed out that next year local governments will have more autonomy to approve and dispose of their budgets, with the aim of making better use of the local production´s potential.

During the meeting, the Vice Prime Minister and Minister of Economy and Planning, Alejandro Gil, informed about the economic results at the end of April, a stage in which the income is below what was foreseen in the plan and the prices, especially of fuels and food, have increased.

He added that despite the tensions, the country is not giving up on the economic growth projected for 2022.

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