7.8.18

Cuba Strives to Improve Economy

Agriculture Production Is A Priority!
{Thursday, August 8th, 2018}
Photo courtesy: REUTERS/Alexandre Meneghini
     The photo above shows Cuban farmers picking tomatoes and it was used yesterday -- Tuesday, August 7th, 2018 -- to illustrate a key REUTERS article written by Marc Frank. It's entitled "Cuba Sweetens Land Grant Program for Farmers."
          Cuba is doubling the amount of land it grants to farmers and increasing the lengths of their leases in an effort to increase the island's production, which would boost the economy.
           REUTERS said, "Cuba now has 400,000 private family farmers and their cooperatives" but "the island imports more than 60 percent of the food it consumes at a cost of around $2 billion annually -- mostly for bulk cereals and grains such as corn, soy, and beans as well as other items such as powdered milk and chicken."
            The new regulations are effective this week and REUTERS reports that farmers can now "lease up to 66 acres of land. Cuba has been paying tens of millions of dollars into many crops with the goal of reducing imports."
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