Cuba reports 3.1 percent economic growth for 2012

Posted on Monday, 12.03.12



Cuba reports 3.1 percent economic growth for 2012

The Associated Press



HAVANA -- Cuba says it will finish the year with 3.1 percent economic

growth, lower than expected but higher than in 2011.



Authorities had previously projected growth of 3.4 percent.



Cuba's economy expanded 2.7 percent last year. That also fell short of

the 3 percent predicted.



Economy Minister Adel Yzquierdo told a meeting of the Council of

Ministers that this year's shortfall is primarily due to missed targets

in the construction sector.



He forecast growth of 3.7 percent for 2013.



Yzquierdo's comments were reported Monday in the Communist Party

newspaper Granma.



http://www.miamiherald.com/2012/12/03/3124658/cuba-reports-31-percent-economic.html#storylink=misearch