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February 1, 2022
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Government of Cuba prioritizes production and confrontation with inflation

The president of Cuba, Miguel Díaz-Canel, assured today that in 2022 the government prioritizes actions to increase production, counteract inflation, improve municipal budgets and advance social programs.

According to a television news report, the country’s highest leadership participated in a meeting with the presidents of the Municipal Assemblies in which the need to advance the nation’s objectives despite adversity was ratified.

Díaz-Canel and the leaders of the provinces evaluated the national plan for the economy and the budgets of the territories, as well as their correspondence with the local development strategy.

The president urged to leave behind the setback left by Covid-19 and the situations experienced in the last two years.

For his part, Prime Minister Manuel Marrero called for a correct breakdown and specification of the activities to be undertaken as part of each municipal budget for the year.

“That already generates trust, that is democracy, because that strategy was worked on and reflects where the municipality is going until 2030,” he stressed.

The president of the National Assembly of People’s Power (Parliament), Esteban Lazo, described the preparation and implementation of budgets in the territories as a challenge, as well as their influence on local development and autonomy.

During the meeting, the Minister of Finance and Prices, Meisi Bolaños, insisted on the importance of conceiving the budget in an integral way, because it cross-cuts all the tasks of the municipality and influences the actions that are proposed.

Recently, the incumbent highlighted the need to exercise greater popular participation in the management and control of budgets and in the destinations of monetary resources.

Referring to the State Budget Law for the current year, approved by the National Assembly, Bolaños pondered that bet because the economic plan supports basic programs and services for the population, where municipal budgets play a fundamental role.

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