Senior Cuban officials have provided an increasingly dire snapshot of a deepening economic crisis in a series of televised prime-time appearances, revealing the extent of the downturn in unprecedented detail. Minister after minister have delivered the bad news as the import-dependent Communist-run country weathers a fourth year of crisis, scraping by with a minimum of foreign exchange as output plummets.
Food production, the supply of phamaceuticals and transportation are down by at least 50% since 2018, the top officials said, and continued to decline this year in large part due to chronic fuel shortages and power outages.
Cuba imports most of the food and fuel it consumes, but revenues have plunged following the pandemic, hampered by stiff U.S. sanctions and floundering tourism, once a mainstay of the Caribbean island economy.