RE: If you follow sherritts partners. Cubas data pointsAre you kidding me Mr. V? You should read the article. When you say plenty to digest, I can tell you quite clearly, they ain't digesting food in Cuba...they are starving along with the tourists.
Here's some excerpts from the article that will sure to place your credibility under a spotlight.
Cuba and Sherritt are in trouble!
Excerpts:
Of the measures announced to date, those that raise prices and rates will also contribute to the rise of inflation, the increase in dollarization and a greater devaluation of the Cuban peso.
An economy with a fiscal deficit increased by almost 50% in 2023 (98,363,800,000 pesos) while in 2024 this deficit will reach unprecedented levels (147,.391 billion pesos). Not easy. The performance of the physical volume index of industrial production confirms this sustained deterioration of the productive system for more than 30 years. Of the measures announced until today, those that raise prices and rates will also contribute to the rise of inflation, the increase in dollarization, and a greater devaluation of the Cuban peso with regressive effects on the sectors with less income. Among other reasons because they fuel the inflationary expectations of all citizens.