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Sent: Thursday, January 11, 2001 6:19 PM
Subject: [CubaNews] Cuba creeping toward economic recovery


Cuba creeping toward economic recovery

Growth beats the Latin American average, but most Cubans' lives remain hard.
BY ANITA SNOW 
Associated Press HAVANA -- Container ships laden with food and consumer goods 
from Europe and Asia plow daily into Havana Bay, a body of water virtually 
empty five years ago. The daily arrivals in the harbor are a sign that, bit 
by bit, Cuba's economy continues to recover, even though life remains hard 
for the average Cuban.The economy grew 5.6 percent last year and is projected 
to grow another 5 percent in 2001, Economics Minister Jose Luis Rodriguez 
reported in late December. Both rates were well ahead of the Latin American 
average of 3 percent.But Rodriguez acknowledged that the effects of economic 
growth have yet to trickle down to ordinary Cubans.``Important limitations 
are still faced when it comes to people's daily lives,'' Rodriguez 
acknowledged in his annual report to the National Assembly, or parliament.The 
collapse of the Soviet Union a decade ago led the island's gross national 
product to shrink by some 40 percent, and a full recovery to the GNP level of 
1989 may still be years off.Prices for non-rationed food remain extremely 
high for most Cubans, said Rodriguez, and more homes need to be repaired and 
built, and public transportation must be improved.``There are a lot more 
things to buy now, but our pensions are the same,'' said Lifa Isabel Barroso, 
a retiree in her 60s who sells crocheted shawls and doilies to tourists in 
Old Havana. Her monthly pension is 80 pesos, the equivalent of a little more 
than $4.BETTER CONDITIONSStill, things are much better than the early 1990s 
-- grim years marked by severe shortages of food, petroleum and just about 
everything else. Cubans went months without eating meat, blackouts were 
regularly scheduled to save fuel, and the streets were devoid of motor 
vehicles because there just wasn't any gasoline available.``Life can still be 
difficult for all Cubans,'' especially elderly people who need special foods 
and medicines, said Augustin Cruz, 42, who sells wooden statues at an artisan 
market. ``But overall, the economic situation is about 80 percent better than 
1993,'' the year that's generally considered the roughest for those who 
endured.Much of Cuba's current economic growth has been attributed to 
tourism, which Rodriguez described as ``the most dynamic factor in our 
economy.'' The industry has grown at an average of nearly 19 percent a year 
over the past five years.FORECASTS FAILBut the industry failed to live up to 
expectations in 2000, when 1.8 million people visited the island. It was only 
a 10 percent increase over 1999, well below official growth forecasts.Foreign 
investment, meanwhile, ``continues growing and playing a complementary role 
in our development,'' Rodriguez said.`MIXED ENTERPRISES'Since foreign 
companies first got the green light to invest on the island in 1995, 370 
``mixed enterprises'' -- partnerships between outside investors and the Cuban 
government -- have been formed. By year's end, that translated into foreign 
investment of $4.3 billion.The sugar crop, once all-important, has suffered 
under chronic drought. Officials expect only 3.7 million metric tons from 
this harvest, a 10 percent drop from a year ago.Such news would once have 
been devastating, but the Soviet collapse taught Cuban authorities the 
dangers of not diversifying. Economic planners responded by developing 
tourism, fish exporting and mining industries.The average monthly government 
salary over the past year increased 7.3 percent to 249 pesos, which works out 
to a bit less than $12 at government exchange rates.DOMESTIC SUBSIDIESThe 
salary figure can mislead because most Cubans pay little or nothing for 
housing and utilities and enjoy free education and healthcare and heavily 
subsidized public transportation. They also receive about half of their food 
through a government ration program for about 25 pesos a month -- the 
equivalent of about $1.20




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