【环球财经】古巴经济计划部长：古巴经济仍处于收缩趋势

Economic Overview - Cuba's GDP is projected to decline by 1.1% year-on-year in 2024, indicating a continued contraction in the economy despite a smaller decrease compared to the previous year [1] - The country faces significant inflationary pressures, a chaotic foreign exchange market, and severe shortages of resources such as foreign currency, fuel, and electricity, which are hampering industrial production and public services [1] Export Performance - In the first half of 2025, national export earnings are expected to decrease by 7% year-on-year, with some recovery in tobacco and seafood exports not compensating for declines in minerals, honey, and biopharmaceuticals [1] - The overall export plan for the first half of the year was only 62% completed, falling short of the previous year's performance [1] Government Response - The Cuban government has developed a special plan aimed at restoring electricity production capacity and ensuring the supply of raw materials while maximizing existing production capacity [2] - A macroeconomic stabilization plan will be prioritized in the second half of 2025, focusing on increasing foreign exchange income, enhancing domestic food production, and improving industrial capacity utilization [2] - The Cuban President has called for a shift in development strategy to stabilize the economy by boosting domestic production, promoting exports, and reducing reliance on imports [2]