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Cuba to Consolidate its Financial Balance
During a conversation with members of the Parliament the Cuban Minister specified that the objective will include structural changes, mainly for agriculture and industry sectors, because the country needs to increase efficiency and productivity levels to create resources before consuming them.

Rodriguez also talked about the unstable domestic and foreign financial balance of the island, product of the unexpected rise of prices during 2008 with an increase in 53 percent in fuel and twice that number in food, just to mention a few.

On the other hand, he pointed out, the values of nickel, sugar and products of the sea dropped, which diminished the incomes for national economy, adding the impact of three powerful hurricanes with almost 10 billion dollars in damage to the economy, which meant two percentage points of the GDP (Gross Domestic Product).

Rodriguez insisted that despite natural disasters, 2008 was a good year for Cubans, registering an accumulated growth of 6 percent during the first two quarters, finishing with a 4.3 percent GDP growth by December.


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