09 December 2007

Tourism to Cuba Down (2007 through June)

November 27, 2007 2:39 p.m.

HAVANA (AP)--Cuba's economy should grow by 10% in 2007, the third straight year of double-digit expansion, despite slips in the tourism sector, according to Economy Minister Jose Luis Rodriguez....

Aided by high prices for the copper, nickel and cobalt its mines produce, the island's government reported economic growth of 12.5% in 2006 and 11% in 2005.

Tourism is the chief source of revenue, but the number of overseas visitors declined through June of this year as compared with 2006 - a year that saw a slight slip from the 2.2 million visitors in 2005.