Sunday, February 7, 2021

Cuba opens up its economy to private businesses - BBC News

Cuba has announced it will allow private businesses to operate in most industries, in what is a major reform to its state-controlled economy.

Labour Minister Marta Elena Feito said the list of authorised industries had expanded from 127 to more than 2,000.

Only a minority of industries would be reserved for the state, she said.

The communist country's economy has been hit hard by the pandemic and US sanctions introduced by the Trump administration....etc bbc

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