There is no quick fix for Cuba's sputtering economy, its economy minister said on Thursday, as inflation, fuel shortages, plunging farm production and a cash crunch drag on output and continue to fan discontent in the communist-run island nation.
Economy Minister Alejandro Gil, in an hour-long presentation before newly elected lawmakers, said there was too little foreign currency on the island to pay for coveted fuel, food and farm imports, meaning Cuba would increasingly scrape by with what it can produce at home.
