MESMS-Summit-Banner-680x180px
Stainless Band_Manufacturing Journal MPU_v1
Manufacturing journal banner
BTOES18 Leaderboard Ad
AOG2018-680x180px-en
SmartManufacturingLogo
EVEXPO_banner
digipub
Previous Next
Log in

Cuba issues plans to expand its private sector

The authorities in Cuba have revealed plans to triple the communist country's private sector.

They include issuing about 250,000 licences allowing people to run their own businesses.

Under the new rules, Cubans will be able to rent out rooms to tourists, work as self-employed gardeners, iron clothes and shine shoes.

For the first time, Cubans will be allowed to employ people other than relatives.

Officials said the decision to relax the rules on private employment would increase production levels and efficiency.

They come weeks after it was announced that a million state employees would be laid off to help revive the economy.

The plans were published in Granma, the Cuban Communist Party's newspaper.

BBC News

seattle property management