Political Risk Latin America Blog @PolRiskLatam

Cuba props foreign investment projects and fires basic industry minister

Posted in News and Articles, Political Risk by politicalrisklatam on September 23, 2010

by MercoPress, September 23rd, 2010.

President Raul Castro sacked his energy and resources minister, the last remaining minister from his brother Fidel cabinet. Minister for basic industry, Yadira Garcia, was fired late Sunday for “shortcomings,” specifically exerting “weak control over resources set aside for investment and production,” an official declaration read on state television said.

The basic industry ministry is responsible for electricity, oil, nickel, rubber and medicine production. Garcia, a member of the political bureau of Cuba’s ruling Communist Party, was named to the portfolio in 2004 after her predecessor was sacked following a domestic energy crisis.

Garcia’s deputy, Tomas Benitez, will head the ministry until a successor is named.

Since taking over the presidency from his ailing brother in 2008, Raul Castro has embarked on a number of changes that have rolled back Fidel Castro’s communist revolution.

He has replaced or reshuffled more than a dozen members of government, notably ejecting vice president Carlos Lage and foreign minister Felipe Perez Roque, both accused of harbouring unacceptable ambitions to take power. (continue reading… )

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