ECLAC estimates the growth of Cuban economy
- Submitted by: Juana
- Business and Economy
- 10 / 08 / 2015
Cuba is among the countries of Latin America and the Caribbean whose economy is more likely to grow this year, according to the Economic Commission for this region (ECLAC).
According to estimates by the commission, published in a press release circulated to various media, the Cuban economy will grow 4% this year and the same percentage in 2016.
Projections of Gross Domestic Product contained in the inform, claim that in that indicator only Bolivia (4.4%), Nicaragua (4.3), Panama (5.8), Dominican Republic (5, 6), Guyana (4.5) and St Kitts and Nevis (4.4) overtake Cuba.
Therefore, under the Caribbean nation will be about 27 countries in the region, according to ECLAC experts. Among those that stand out negatively, are Brazil (- 2.8%), Venezuela (- 6.7) and St. Lucia (- 0.2).