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Carmelo Mesa Lago - Briefing on Cuba 2020 - CasaCuba
Cuba’s fiscal deficit rose from 1.3% of GDP to 8% in 2013–2018; the 2018 figure is four times the annual regional average of 2.2%. Inflation was 0.6% in 2017 but rose to 2.4% in 2018 (still lower than the regional average of 3.2%), although Cuba’s Consumer Price Index (CPI) is unreliable: it excludes prices in the local
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