4 hours agoDRAMATIK: Cuba gives up communism, opens the door to privates
Periskopi(5 years ago)
(5 years ago)Cuba has announced it will allow private businesses to operate in most sectors of the economy, in what is a major reform of its state-controlled economy. Labour Minister Marta Elena Feito has said the list of authorised private activities was expanded from 127 to more [...]
Labour Minister Marta Elena Feito has said the list of authorised private activities was expanded from 127 to more than 2 thousand.
Only a minority of sectors are reserved by the state, she said, the BBC reports, translates Periscopi.
This country's communist economy has been hit hard by the US pandemic and sanctions imposed by Donald Trump's embassy.
Last year its economy was wrinkled for 11 percent the worst landing in nearly three decades, and Cubans have faced cutbacks of elementary things. /Periscope
