Cuba
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Cuba
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Havana
Cuba
Spanish
11,194,449
CUP
Cuban Peso
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
Document checklist:
<Economy>
Cuba's economy has been struggling for many years, but there have been some signs of improvement in recent years. According to the World Bank, Cuba's GDP grew by 1.5% in 2018, the highest rate of growth since 2011. This growth was driven by increased tourism, remittances, and foreign investment. Inflation has also been on the decline, dropping from 8.3% in 2017 to 6.3% in 2018. The unemployment rate has also decreased from 4.3% in 2017 to 3.7% in 2018. Despite these improvements, Cuba still faces many economic challenges. The country has a high public debt, estimated at around 70% of GDP, and its currency, the Cuban peso, is not freely convertible. In addition, the country's infrastructure is in need of significant investment.
Curaçao is an island nation located in the Caribbean Sea. It has a population of approximately 160,000 people and a GDP of $3.2 billion. The economy of Curaçao is largely driven by tourism, with the tourism sector accounting for around 40% of the country’s GDP. The country also has a strong financial services sector, which contributes around 20% of the GDP. The manufacturing sector is also an important part of the economy, accounting for around 10% of the GDP. The country has a low unemployment rate of 4.2%, and the average monthly salary is around $1,400. Curaçao has a relatively low inflation rate of 2.2%, and the country’s currency, the Netherlands Antillean guilder, is pegged to the US dollar. The country has a strong banking system, with the Central Bank of Curaçao and Sint Maarten providing oversight and regulation. Overall, Curaçao has a strong and stable economy, and is a great destination for tourists and investors alike.