NoticiasInternacionalesCuba announces plans to legalize small- and medium-sized businesses

Cuba announces plans to legalize small- and medium-sized businesses

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Cuba is planning to legalize small- and medium-sized businesses, according to a Communist Party progam that went on sale in the Caribbean island on Tuesday.
The future legalization of small- and medium-sized businesses – unthinkable until the thawing of relations with the US in 2014 – will open the door to the rationalization of the private market in Cuba.
The document explains that the government will allow “small family-run businesses” and “small- and medium-sized private enterprises.”The bulletin was published after a series of debates that took place in Congress in April.
Meanwhile, high demand for raw material in the private sector leads to shortages and inflation on the domestic market.
Bringing an end to this taboo may facilitate the growth of the private sector restricted as it is by bureaucracy and the lack of a free market to fuel production.


Fuente: http://elpais.com/elpais/2016/05/25/inenglish/1464188522_947660.html

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