Cuba opens door to most private businesses
Communist-ruled island's economy has stagnated for years and contracted by 11% in 2020 amid coronavirus pandemic
07 February 2021 - 21:07
Havana — In a major reform of the state-dominated economy, the Cuban government will allow small private businesses to operate in most fields, eliminating its limited list of activities, state-run media reported on Saturday.
The measure, coming as the Caribbean island seeks to recover from an economic slump, will expand the field from 127 activities to more than 2,000, labour minister Marta Elena Feito Cabrera was quoted as saying. She spoke at a council of ministers meeting that approved the policy...
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