Wednesday, April 24, 2024
Advertisement
  1. You Are At:
  2. News
  3. World
  4. Cuba mulls economy, graft in Parliament session

Cuba mulls economy, graft in Parliament session

Havana, Cuba: Cuban parliamentarians met Saturday in one of their twice-annual sessions, with the country's limping economy and the 2014 budget foremost on the agenda.Government-run website Cubadebate published pictures of President Raul Castro presiding over

India TV News Desk India TV News Desk Updated on: July 06, 2014 6:57 IST
cuba mulls economy graft in parliament session
cuba mulls economy graft in parliament session

Havana, Cuba: Cuban parliamentarians met Saturday in one of their twice-annual sessions, with the country's limping economy and the 2014 budget foremost on the agenda.


Government-run website Cubadebate published pictures of President Raul Castro presiding over the assembly with Vice President Miguel Diaz-Canel at his side.

Foreign journalists were not allowed access to the gathering at a convention center in western Havana.

Cuba recently downgraded its 2014 economic growth forecast to 1.4 percent, nearly a point lower than previous projections of 2.2 percent.

The government reported 2.7 GDP expansion the previous year.

Castro's government is in the middle of a package of reforms that officials hope will improve economic performance.

Cuba has decentralized state-owned enterprises, legalized home and used car sales, and let hundreds of thousands of people open or work for small businesses in the private sector.

Castro and other officials say they are not embracing capitalism but rather updating Cuba's socialist model to survive in the 21st century global economy.

Parliament was also expected to consider a report from the comptroller's office on its attempts to root out corruption.

Lawmakers met earlier this week in committee to discuss matters including the biotechnology and agriculture.

Official media reported that Agriculture Minister Gustavo Rodriguez said Cuba's food imports have reached $2 billion a year, but the country believes it could produce 60 percent of that domestically.
Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from World

Advertisement
Advertisement
Advertisement
Advertisement