Cuba Business Report Staff
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Cuba Business Report Staff

From our staff writers and editors.

530 posts
alejandro-gil
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Cuba’s GDP Contracts by 11%

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Cuba’s Gross Domestic Product (GDP) contracted by 11% in 2020 due to the COVID-19 pandemic and hardening of U.S. sanctions by the Trump administration but new growth is forecast in the upcoming year, Deputy Prime Minister Alejandro Gil told a session of Cuban ... More »

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Currency Unification to Begin January 1

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In a televised address to the nation, Cuban President Miguel Díaz-Canel, in the presence of Raul Castro, First Secretary of the Communist Party, made the announcement that the country will begin the currency unification process on January 1, 2021. The Official... More »

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Cuba Registers its Fourth COVID Vaccine

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Cuba has registered its fourth COVID-19 vaccine to undergo clinical trials. The two new vaccines are known as the Mambisa (CIGB 669) and Abdala (CIGB 66) developed by the Genetic Engineering and Biotechnology Center (CIGB). The Mambisa and Abdala vaccines have... More »

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