The claim
“US officials say GAESA controls at least 40% of Cuba's economy.”
US description of GAESA when announcing sanctions.
Our verdict
Mostly True
US officials and analysts put GAESA at about 40% of Cuba's economy; it is an estimate, not an official statistic.
What we found
Economist Pavel Vidal, quoted by AP, said GAESA commands nearly 40% of Cuba's GDP, and other reports use the same figure. Cuba publishes no data on it. The claim accurately reports the estimate.
The evidence
2 of 2 sources support the claim; none contradict it.
How we checked
We checked the claim against AP via WTOP, Kyiv Post. We reviewed 2 relevant sources.
Sources
- [1]Kyiv Post · US sanctions Cuban military corporation
- [2]AP via WTOP · Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA
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