Cuba’s Council of Ministers Analyzes 2015 Economic Plan

Havana, May 21 (Prensa Latina) – The Council of Ministers, led by President Raul Castro, met yesterday to analyze the guidelines for the country’s 2015 plan, aimed at generating greater economic growth.

According to a report published by Granma newspaper, Economy and Planning Minister Adel Yzquierdo fully explained the guidelines during Monday’s meeting.

Although the Economy Plan is not yet established, the preliminary calculations presented are important for its elaboration, said Yzquierdo, who is also vice president of the Council of Ministers.

In that sense, possible levels of activity in different sectors of the economy, as well as in social services, were analyzed.

Food production, electricity generation, investments, commercial distribution – in particular, the sale of construction materials to the population – and employment trends, were discussed at the meeting.

Later, the Council of Ministers approved the general basis for the preparation of the 2016-2030 socio-economic development program, after extensive analysis at all state agencies.

According to Marino Murillo, vice president of the Council of State, once the program has been developed, the stage will be set for its objectives, strategic guidelines, funding sources and goals to be expressed through long-term indicators, overcoming shortfalls in order to build a prosperous and sustainable socialism.

Murillo stated that the underlying principles include insuring Gross Domestic Product growth in order to guarantee development that maintains public welfare, equity, and social justice, preserving social property as the main means of production, and achieving a socialist development model with efficiency in all spheres.

Fostering and encouraging science, technology, innovation and its generalization, transforming the energy matrix with greater use of renewable resources, recovering and modernizing the country’s infrastructure, and ensuring demographic sustainability, are also on the list.

Meanwhile, Leonardo Andollo, second chief of the Permanent Commission for Implementation and Development, presented the proposals for improving the Ministries of Transportation and Tourism, as part of the restructuring carried out at the agencies of the State’s Central Administration.

With these two proposals, now approved by the Council of Ministers, the first stage for improving 20 agencies of the State’s Central Administration has concluded.