Difficulties of the Cuban economy.
Difficulties of the Cuban economy.
As it is marked in magazine "Economist", though Cuba and not
Has suffered from September acts of terrorism, on it
The economy in many respects depending on tourism, has seriously affected
The crisis of this branch which have arisen after September, 11th, 2001 First
The suspension Venezuela in April became the pressure certificate
Current year of deliveries of oil to Cuba because of inability
Last to carry out payments. Since October, 2000
About third of Cuban import of oil it was necessary to Venezuela,
Which sold it account on the terms of 2 % of the annual. By April
2002 the debt of Cuba has reached 63,4 mln. dollars
In the beginning of June, trying to mobilise the additional currency
Receipts, the Cuban government declared about essential
Increase of the prices in currency shops. This decision name most
Serious economic step since 1993 when in the country was
Dollar use is authorised. The prices for gasoline in shops, where
Payment is made in dollars, it is supposed to raise with 2,85 to
3,99 dollars for 1 Gaul. The prices for the electrogoods will be increased by 30 %.
Economists underline unpopularity of similar measures for the country,
Where the monthly average wages are defined in 10 - 15 dollars
Drama changes expect a sugar industry of Cuba:
Closing about half (71 of 156) sugar is supposed
Factories. Almost all enterprises of this branch forming a basis
National economy and 400 thousand providing employment persons,
Have been constructed till 1959 and for a long time require reconstruction.
Sugar manufacture, in 1989
The reaching 8,1 million t, last year did not exceed 3,6 million
Before disintegration of world socialist system Cuba delivered
Branch production in the countries SEV under the preferential prices in an exchange
On oil and other raw materials. Now she sells sugar on
The world market where its price makes 5 ts. For 1 pound. In
Result incomes of Cuba of realisation of last crop sugar
Reed were estimated all in 430 million
Dollars against 5 billion in 1990
More than on sugar, as a foreign currency source
Cuba counts now on tourism and transfers of emigrants. However,
On official data, in I quarter of current year, despite
Introduction in a system of new hotels, the country have visited on 14 % less
Tourists, than for the same period of 2001 Nevertheless Cuba
Hopes, that by 2010 the number of visitings will treble, and in the country
Annually will come not less than 6 million
The person, basically Americans.
Volumes of remittances from the Cubans living in the USA, in
Last years estimated in 500 - 800 mln. dollars, also
Were reduced. It creates additional problems, as
Many Cubans, receiving no more than 15 dollars a month, in the daily
Lives depend on the specified transfers.
The author: EK.
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//* an information Source: BIKI, 11.07.02
//* Reg. Nom. - 1120700189.05-------------------------------------------
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