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Wednesday, May 27, 2009

Cuba lowers 2009 growth projection to 2.4 percent

Posted on Sunday, 05.24.09
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Cuba lowers 2009 growth projection to 2.4 percent
Associated Press

HAVANA -- Cuba is revising its economic growth forecast to 2.4 percent,
down from its original projection of 6 percent for the year.

Economy Minister Marino Alberto Murrillo says the world financial
meltdown has hurt tourism and prices for nickel, a key export.

The announcement comes as the communist government calls for workers to
be more productive and to save resources in the face of economic crisis.

Cuba also is still recovering from the effects of three hurricanes last
year.

Murrillo was quoted Sunday by Juventud Rebelde newspaper.

Cuba lowers 2009 growth projection to 2.4 percent - Cuba News -
MiamiHerald.com (24 May 2009)

http://www.miamiherald.com/news/americas/cuba/more/story/1064348.html

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