Cuba’s credit risk remains stable according to the Economist Intelligence Unit (EIU). EIU forecasts for modest real GDP growth in 2011-12. However, “creditworthiness remains constrained by a poor payments record.”
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GDP to increase in 2011
September 5, 2010The Economist Intelligence Unit forecasts for Cuba, “fiscal retrenchment will limit growth to only 2% in 2010. In 2011 policy relaxation will allow growth to pick up to 3.7%.” Key indicators 2009 2010 2011 2012 2013 2014 Real GDP growth (%) 1.4 2.0 3.7 4.2 4.4 4.2 Consumer price inflation (av; %) -0.5 0.7 5.4 [...]