Tag: door

Cuba opens door to most tiny business enterprise initiatives

By Marc Frank



a bridge over a body of water with a city in the background: FILE PHOTO: Coronavirus disease (COVID-19) outbreak in Havana


© Reuters/ALEXANDRE MENEGHINI
FILE Picture: Coronavirus condition (COVID-19) outbreak in Havana

HAVANA (Reuters) – In a key reform of the condition-dominated financial state, the Cuban authorities will make it possible for small personal firms to function in most fields, eliminating its constrained record of things to do, state-operate media documented on Saturday.

The evaluate, coming as the Caribbean island seeks to get better from an economic slump, will expand the subject from 127 things to do to extra than 2,000, Labor Minister Marta Elena Feito Cabrera was quoted as saying. She spoke at a council of ministers assembly that accredited the plan.

She claimed there would be 124 exceptions, but the media reviews delivered no particulars.

Reform-minded Cuban economists have long referred to as for the role of small business to be expanded to support leap-get started the economic system and to make work.

The economic climate