HAVANA TIMES, Jan. 12 — The lack of liquidity in hard currency is the principal economic problem in Cuba, affirmed the island’s Economy Minister Marino Murillo.
According to the official, the government’s strategy involves the substitution of imports and giving priority to sectors such as tourism, telecommunications and civil aeronautics, reported IPS.
Other factors that keep the Cuban economy far from its potential are low work productivity, workplace theft, and an aging population.
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