But oil supply from
Venezuela significantly decreased to 55,000 barrels per day in 2016, as
reported by Rodríguez — from 120,000 during the best of times. Cuba has also
lost around $1.3 billion in revenue from exports of medical and other services
to Venezuela, according to projections made by island-based economist Omar
Everleny Pérez. “Whether Cuba overcomes its economic and financial crisis or
whether it deepens will depend, more than anything, on whatever happens with
the Venezuela agreements,” the CSETI report concludes. More…
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